Historic Romanian leu Lebanese pound

Romanian leu lebanese pound history for December 2023. The highest quote for this month is 3342.53 (28/12/2023) and the lowest 3356.03 (27/12/2023). The difference between high and low is -0.4.

RON LBP average rate for December 2023 is 3296.96077, the change between 01/12/2023 and 31/12/2023 is -2.11 %.

01 December 20231 RON = 3289.41 LBP
03 December 20231 RON = 3289.47 LBP
04 December 20231 RON = 3272.94 LBP
05 December 20231 RON = 3290.35 LBP
06 December 20231 RON = 3264.15 LBP
07 December 20231 RON = 3257.06 LBP
08 December 20231 RON = 3250.73 LBP
10 December 20231 RON = 3250.62 LBP
11 December 20231 RON = 3255.96 LBP
12 December 20231 RON = 3251.47 LBP
13 December 20231 RON = 3259.10 LBP
14 December 20231 RON = 3291.08 LBP
15 December 20231 RON = 3317.85 LBP
16 December 20231 RON = 3291.06 LBP
17 December 20231 RON = 3293.59 LBP
18 December 20231 RON = 3311.55 LBP
19 December 20231 RON = 3297.90 LBP
20 December 20231 RON = 3317.71 LBP
21 December 20231 RON = 3311.81 LBP
22 December 20231 RON = 3325.43 LBP
24 December 20231 RON = 3321.52 LBP
25 December 20231 RON = 3327.08 LBP
26 December 20231 RON = 3333.38 LBP
27 December 20231 RON = 3337.71 LBP
28 December 20231 RON = 3353.15 LBP
29 December 20231 RON = 3358.90 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.
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