Romanian leu lebanese pound exchange rate history (RON LBP) August 2023

Romanian leu lebanese pound history for August 2023. The highest quote for this month is 3343.54 (01/08/2023) and the lowest 3353.68 (10/08/2023). The difference between high and low is -0.3.

RON LBP average rate for August 2023 is 3314.3488, the change between 01/08/2023 and 31/08/2023 is +0.85 %.

01 August 2023	1 RON = 3351.11 LBP
02 August 2023	1 RON = 3351.36 LBP
03 August 2023	1 RON = 3329.32 LBP
04 August 2023	1 RON = 3323.07 LBP
07 August 2023	1 RON = 3311.80 LBP
08 August 2023	1 RON = 3330.21 LBP
09 August 2023	1 RON = 3318.19 LBP
10 August 2023	1 RON = 3327.37 LBP
11 August 2023	1 RON = 3330.70 LBP
12 August 2023	1 RON = 3335.78 LBP
14 August 2023	1 RON = 3334.02 LBP
15 August 2023	1 RON = 3314.28 LBP
16 August 2023	1 RON = 3316.02 LBP
17 August 2023	1 RON = 3308.96 LBP
18 August 2023	1 RON = 3299.81 LBP
20 August 2023	1 RON = 3298.81 LBP
21 August 2023	1 RON = 3287.55 LBP
22 August 2023	1 RON = 3317.43 LBP
23 August 2023	1 RON = 3299.39 LBP
24 August 2023	1 RON = 3304.40 LBP
25 August 2023	1 RON = 3284.14 LBP
28 August 2023	1 RON = 3279.90 LBP
29 August 2023	1 RON = 3285.53 LBP
30 August 2023	1 RON = 3297.02 LBP
31 August 2023	1 RON = 3322.55 LBP

17/10/2019: Protests against economic crisis

Mass protests erupted in Lebanon due to economic crisis, leading to further depreciation of the Lebanese pound.

01/04/2019: Romania plans to adopt the euro

The Romanian government announces its intention to join the Eurozone and set a target date for adopting the euro as the national currency.

01/06/2005: Currency redenomination

Romania underwent a currency redenomination, with 10,000 old lei being exchanged for 1 new leu, to simplify transactions and eliminate zeros.

01/07/2003: Romania joins EU Accession

As part of joining the European Union, Romania pledges to adopt the euro in the future, aiming for greater economic integration.

03/11/1997: Revaluation of the Lebanese pound

The Lebanese pound was revalued at a rate of 1,500 LBP = 1 USD, ending the fixed exchange rate with the US dollar.

28/02/1991: End of communist era

As communism collapsed, Romania undergoes economic reforms and introduces a free-floating exchange rate system for the leu.

01/01/1986: Introduction of the parallel exchange market

The parallel exchange market was introduced in Lebanon, leading to a diverging exchange rate between the official and unofficial markets.

01/01/1976: Lebanese Civil War

The Lebanese Civil War began, causing significant economic instability and devaluation of the Lebanese pound.

01/01/1961: Pegged to the US dollar

The Lebanese pound was pegged to the US dollar at an exchange rate of 1 LBP = 1.5 USD.

30/12/1947: Communist regime introduces new leu

In an attempt to devalue the currency and control the economy, the Communist regime introduces a new leu at a ratio of 1:20,000.

27/11/1941: Devaluation of the Lebanese pound

The Lebanese pound was devalued by 41.9% following the breakup of the French franc.

01/10/1920: Lebanese pound introduced

The Lebanese pound was introduced at a fixed exchange rate of 1 pound = 20 French francs during the French mandate period.

01/03/1901: Introduction of the gold standard

Romanian leu was tied to the gold standard, ensuring the stability of the currency and attracting foreign investments.

01/04/1867: Creation of the Romanian leu

The leu was established as the official currency of Romania, replacing the previous currencies in circulation.

Historic Romanian leu Lebanese pound