Historic South African rand Lebanese pound

South African rand lebanese pound history for February 2024. The highest quote for this month is 4726.73 (21/02/2024) and the lowest 4754 (21/02/2024). The difference between high and low is -0.58.

ZAR LBP average rate for February 2024 is 2190.0332, the change between 01/02/2024 and 29/02/2024 is -473.71 %.

01 February 20241 ZAR = 808.7 LBP
02 February 20241 ZAR = 807.9 LBP
03 February 20241 ZAR = 793.7 LBP
04 February 20241 ZAR = 794.4 LBP
05 February 20241 ZAR = 801.3 LBP
06 February 20241 ZAR = 788.0 LBP
07 February 20241 ZAR = 805.7 LBP
08 February 20241 ZAR = 793.7 LBP
09 February 20241 ZAR = 791.4 LBP
12 February 20241 ZAR = 789.4 LBP
13 February 20241 ZAR = 793.8 LBP
14 February 20241 ZAR = 790.3 LBP
15 February 20241 ZAR = 786.6 LBP
16 February 20241 ZAR = 792.0 LBP
19 February 20241 ZAR = 796.5 LBP
20 February 20241 ZAR = 789.1 LBP
21 February 20241 ZAR = 4718.76 LBP
22 February 20241 ZAR = 4736.48 LBP
23 February 20241 ZAR = 4674.17 LBP
24 February 20241 ZAR = 4643.01 LBP
25 February 20241 ZAR = 4636.10 LBP
26 February 20241 ZAR = 4628.46 LBP
27 February 20241 ZAR = 4658.40 LBP
28 February 20241 ZAR = 4693.38 LBP
29 February 20241 ZAR = 4639.67 LBP

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

17/10/2019: Protests against economic crisis

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

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

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.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

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.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

01/01/1976: Lebanese Civil War

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

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African 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.

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.
ZAR LBP July 2023
ZAR LBP August 2023
ZAR LBP September 2023
ZAR LBP October 2023
ZAR LBP November 2023
ZAR LBP December 2023
ZAR LBP January 2024
ZAR LBP February 2024
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ZAR LBP May 2024
ZAR LBP June 2024
ZAR LBP July 2024