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The Australian dollar has a long history of fluctuating against the Lebanese pound, with significant changes occurring over the years. The exchange rate has been as high as 1 AUD = 1,500 LBP in 1987.
In recent years, the Lebanese economy has faced significant challenges, including a severe financial crisis that has led to a significant devaluation of the Lebanese pound. As a result, the exchange rate has dropped to around 1 AUD = 25,000 LBP.
The current exchange rate is heavily influenced by the global economic situation, with changes in commodity prices and interest rates impacting the value of the Australian dollar.
Historical Data
The Australian Dollar has seen significant fluctuations in value compared to the Lebanese Pound over the past year.
In the last six months, the AUD/LBP rate has decreased by -6.79%. This means the Australian Dollar has lost value compared to the Lebanese Pound.
Looking at the historical data for the past three months, we can see that the AUD/LBP rate has been quite volatile. The rate has dropped by as much as -1.71% in a single week, and has also seen some increases, like the 0.91% rise from January 2-8, 2025.
Here's a breakdown of the high and low points for the AUD/LBP rate over the past three months:
The highest AUD to LBP exchange rate in the last year was 61,957 Lebanese Pounds per Australian Dollar on September 30, 2024.
Recent and Current Rates
The AUD to LBP exchange rate has been quite volatile in the last year. The highest exchange rate was 61,957 Lebanese Pounds per Australian Dollar on September 30, 2024.
In the past 30 days, the AUD to LBP exchange rate reached a high of 57,038.94 and a low of 55,032.54, with an average rate of 55,774.52. The overall change in this period was -2.14%.
As of January 16, 2025, the best AUD to LBP exchange rate is 55,745 LBP.
Here's a breakdown of the current exchange rates:
The low point for the AUD/LBP rate was 9,700.96 Lebanese Pounds per Australian Dollar on February 13, 2024.
Currency Conversion
The exchange rate for Australian Dollars to Lebanese Pounds is constantly fluctuating, making it essential to check current rates before making any conversions.
You can use the formula: Amount in LBP = Amount in AUD × Exchange Rate (AUD to LBP) to calculate the conversion. Always check current exchange rates through reliable financial platforms or currency converters, as they can change rapidly.
The highest AUD to LBP exchange rate in the last year was 61,957 Lebanese Pounds per Australian Dollar on September 30, 2024.
Here's a breakdown of the exchange rates over the past 30 and 90 days:
As of January 16, 2025 12:35 AM UTC, the best AUD to LBP exchange rate is 55,745 LBP, meaning that for every Australian Dollar you exchange, you will receive 55,745 Lebanese Pounds.
To give you a better idea of the conversion rates, here are some examples of how much 100 Australian Dollars is equivalent to in Lebanese Pounds: 5,574,534 LBP.
Understanding the Rate
The AUD to LBP exchange rate can fluctuate greatly, with a high of 57,038.94 LBP and a low of 55,032.54 LBP over the last 30 days. This means that the exchange rate can change significantly within a short period of time.
The exchange rate can be affected by various factors, including economic indicators, geopolitical events, and central bank decisions. For example, GDP growth, inflation, and interest rates can all impact the exchange rate.
The current exchange rate is 55,745 LBP per AUD, as of January 16, 2025. This is a significant increase from the past 10 years, where the AUD has appreciated by +4,959.06% against the LBP.
What Affects the Rate
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The AUD to LBP exchange rate is influenced by various factors, and understanding these can help you make informed decisions when converting your money.
Economic indicators such as GDP growth, inflation, and interest rates can significantly impact the exchange rate. For instance, a country with a high GDP growth rate may see its currency strengthen against others.
Geopolitical events like elections and trade agreements can also affect the exchange rate. It's essential to stay up-to-date with global news and events that may impact the currency market.
Central bank decisions, such as interest rate changes, can have a direct impact on the exchange rate. For example, if the Reserve Bank of Australia raises interest rates, it may strengthen the AUD against the LBP.
Here are some key factors that affect the AUD to LBP exchange rate:
- Economic indicators (GDP growth, inflation, interest rates)
- Geopolitical events (elections, trade agreements)
- Central bank decisions (interest rate changes)
These factors can cause fluctuations in the exchange rate, making it essential to stay informed and adapt your conversion strategies accordingly.
What is Pound
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The Lebanese Pound (LBP) is the official currency of Lebanon, used since 1924. It's pegged to the US dollar (USD) at a fluctuating rate, especially since the 2019 financial crisis.
The currency symbol for the LBP is ل.ل, often written as LBP or LL. It's subdivided into 100 piastres, but since the economic crisis, the piastre has effectively ceased to circulate.
The LBP has lost much of its purchasing power due to heavy inflation and economic instability. This makes it essential to stay updated on exchange rates.
Here are some key conversion rates between LBP and AUD:
As you can see from the conversion rates, 1 AUD is currently equal to 55,745 LBP. This means the Australian Dollar is stronger than the Lebanese Pound.
Direction Inquiry
If you're trying to figure out the direction of the Australian Dollar against the Lebanese Pound, you can look at the past performance. The AUD has increased by +0.54% year-to-date against the LBP.
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Over the past 30 days, the AUD to LBP exchange rate reached a high of 57,038.94 and a low of 55,032.54. This indicates that the AUD has been relatively stable against the LBP.
Here's a summary of the past 30 and 90 days' performance:
As you can see, the AUD has been relatively stable against the LBP over the past 30 days, but has experienced a slight decrease in value over the past 90 days.
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