Historic United States dollar Lebanese pound

United States dollar lebanese pound history for March 2024. The highest quote for this month is 89628.9 (01/03/2024) and the lowest 89535 (05/03/2024). The difference between high and low is 0.1.

USD LBP average rate for March 2024 is 89425.8, the change between 01/03/2024 and 31/03/2024 is -0.03 %.

01 March 20241 USD = 89473.00 LBP
03 March 20241 USD = 89500.00 LBP
04 March 20241 USD = 89218.20 LBP
05 March 20241 USD = 89500.00 LBP
06 March 20241 USD = 89535.00 LBP
07 March 20241 USD = 89500.00 LBP
08 March 20241 USD = 89108.40 LBP
10 March 20241 USD = 89500.00 LBP
11 March 20241 USD = 89423.40 LBP
12 March 20241 USD = 89500.00 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.