Historic Romanian leu Lebanese pound

Romanian leu lebanese pound history for February 2024. The highest quote for this month is 19528.1 (27/02/2024) and the lowest 19563 (28/02/2024). The difference between high and low is -0.18.

RON LBP average rate for February 2024 is 9099.6216, the change between 01/02/2024 and 29/02/2024 is -496.25 %.

01 February 20241 RON = 3272.04 LBP
02 February 20241 RON = 3284.10 LBP
03 February 20241 RON = 3255.70 LBP
04 February 20241 RON = 3258.41 LBP
05 February 20241 RON = 3286.82 LBP
06 February 20241 RON = 3244.41 LBP
07 February 20241 RON = 3280.74 LBP
08 February 20241 RON = 3251.02 LBP
09 February 20241 RON = 3253.49 LBP
12 February 20241 RON = 3246.79 LBP
13 February 20241 RON = 3250.91 LBP
14 February 20241 RON = 3247.69 LBP
15 February 20241 RON = 3231.59 LBP
16 February 20241 RON = 3249.92 LBP
19 February 20241 RON = 3245.40 LBP
20 February 20241 RON = 3239.21 LBP
21 February 20241 RON = 19407.30 LBP
22 February 20241 RON = 19480.90 LBP
23 February 20241 RON = 19490.00 LBP
24 February 20241 RON = 19480.20 LBP
25 February 20241 RON = 19474.70 LBP
26 February 20241 RON = 19437.70 LBP
27 February 20241 RON = 19555.10 LBP
28 February 20241 RON = 19556.90 LBP
29 February 20241 RON = 19509.50 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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