Lebanese Pound

The Lebanese Pound increased to 1508.63 in April from 1503 in March of 2014. Lebanese Pound averaged 1215.41 from 1983 until 2014, reaching an all time high of 2755 in August of 1992 and a record low of 4.56 in August of 1983. The USDLBP spot exchange rate specifies how much one currency is currently worth in terms of the other. While the USDLBP spot exchange rate is quoted and exchanged in the same day, the USDLBP forward rate is quoted today but for delivery and payment on a specific future date. This page provides - Lebanese Pound - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
1508.63 1503.00 2755.00 4.56 1507.70 | 2014/05 1983 - 2014 Daily

TO

Lebanese Pound
LIST BY COUNTRY

Markets Last Previous Highest Lowest Forecast Unit
Stock Market 747.81 2014-04-23 735.09 1629.74 282.60 731.62 2014-05-31 Index Points [+]
Currency 1508.63 2014-04-24 1503.00 2755.00 4.56 1507.70 2014-05-31 [+]
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Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Lebanon Balance of Trade at -1478.94 USD Million  
Lebanon recorded a trade deficit of 1478.94 USD Million in February of 2014. Balance of Trade in Lebanon is reported by the Banque du Liban.
Lebanon Capital Flows at 1194.60 USD Million  
Capital Flows in Lebanon increased to 1194.60 USD Million in the second quarter of 2013 from -380 USD Million in the first quarter of 2013. Capital Flows in Lebanon is reported by the Banque Du Liban.
Lebanon Consumer Price Index (CPI) at 101.76 Index Points  
Consumer Price Index (CPI) in Lebanon increased to 101.76 Index Points in March of 2014 from 100.18 Index Points in February of 2014. Consumer Price Index (CPI) in Lebanon is reported by the Central Administration of Statistics, Republic of Lebanon.
Lebanon Consumer Spending at 38005100.00 LBP Million  
Consumer Spending in Lebanon increased to 38005100 LBP Million in 2012 from 36558600 LBP Million in 2011. Consumer Spending in Lebanon is reported by the SESRIC.
Lebanon Current Account at 193.70 USD Million  
Lebanon recorded a Current Account surplus of 193.70 USD Million in February of 2014. Current Account in Lebanon is reported by the Banque du Liban.
Lebanon Exports at 253.06 USD Million  
Exports in Lebanon increased to 253.06 USD Million in February of 2014 from 243.98 USD Million in January of 2014. Exports in Lebanon is reported by the Banque du Liban.
Lebanon GDP Constant Prices at 46593800.00 LBP Million  
GDP Constant Prices in Lebanon increased to 46593800 LBP Million in 2012 from 45905300 LBP Million in 2011. GDP Constant Prices in Lebanon is reported by the SESRIC.
Lebanon Government Budget Value at -207397.00 LBP Million  
Lebanon recorded a government budget deficit of 207397 LBP Million in December of 2013. Government Budget Value in Lebanon is reported by the Ministry Of Finance, Republic of Lebanon.
Lebanon Government Spending at 8069880.00 LBP Million  
Government Spending in Lebanon increased to 8069880 LBP Million in 2012 from 6760020 LBP Million in 2011. Government Spending in Lebanon is reported by the SESRIC.
Lebanon Imports at 1732.00 USD Million  
Imports in Lebanon decreased to 1732 USD Million in February of 2014 from 1872.85 USD Million in January of 2014. Imports in Lebanon is reported by the Banque du Liban.
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