Historic United States dollar Lebanese pound

United States dollar lebanese pound history for August 2023. The highest quote for this month is 15052 (14/08/2023) and the lowest 15000 (12/08/2023). The difference between high and low is 0.35.

USD LBP average rate for August 2023 is 14981.50833, the change between 01/08/2023 and 31/08/2023 is +0.22 %.

01 August 20231 USD = 15015.00 LBP
04 August 20231 USD = 15000.00 LBP
07 August 20231 USD = 14877.60 LBP
08 August 20231 USD = 14965.00 LBP
10 August 20231 USD = 14975.50 LBP
12 August 20231 USD = 15000.00 LBP
14 August 20231 USD = 15030.80 LBP
15 August 20231 USD = 14997.10 LBP
17 August 20231 USD = 15001.50 LBP
20 August 20231 USD = 15000.00 LBP
21 August 20231 USD = 14934.00 LBP
28 August 20231 USD = 14981.60 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.

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.

01/01/1986: 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.

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.