Historic South African rand Lebanese pound

South African rand lebanese pound history for January 2024. The highest quote for this month is 820 (01/01/2024) and the lowest 823.03 (01/01/2024). The difference between high and low is -0.37.

ZAR LBP average rate for January 2024 is 800.77667, the change between 01/01/2024 and 31/01/2024 is +2.87 %.

01 January 20241 ZAR = 822.3 LBP
02 January 20241 ZAR = 821.6 LBP
03 January 20241 ZAR = 808.4 LBP
04 January 20241 ZAR = 803.2 LBP
05 January 20241 ZAR = 802.7 LBP
06 January 20241 ZAR = 803.2 LBP
07 January 20241 ZAR = 803.2 LBP
08 January 20241 ZAR = 800.8 LBP
09 January 20241 ZAR = 807.2 LBP
10 January 20241 ZAR = 804.1 LBP
11 January 20241 ZAR = 805.4 LBP
12 January 20241 ZAR = 803.8 LBP
14 January 20241 ZAR = 806.2 LBP
15 January 20241 ZAR = 804.7 LBP
16 January 20241 ZAR = 803.2 LBP
17 January 20241 ZAR = 792.0 LBP
18 January 20241 ZAR = 786.3 LBP
19 January 20241 ZAR = 792.8 LBP
22 January 20241 ZAR = 788.2 LBP
23 January 20241 ZAR = 781.5 LBP
24 January 20241 ZAR = 793.2 LBP
25 January 20241 ZAR = 794.6 LBP
26 January 20241 ZAR = 794.5 LBP
28 January 20241 ZAR = 798.7 LBP
29 January 20241 ZAR = 800.1 LBP
30 January 20241 ZAR = 800.7 LBP
31 January 20241 ZAR = 798.7 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
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ZAR LBP December 2023
ZAR LBP January 2024
ZAR LBP February 2024
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ZAR LBP July 2024