Currency exchange rate Lebanese Pound against the Dropil. Chart, history price and prediction on tomorrow, next month, 2023 year

On this page, you can always find detailed information about the Lebanese Pound currency exchange rate against the Dropil currency:
currency exchange rate history, background information, prediction and more about LBP/DROP

Chart of History of changes in the LBP/DROP exchange rate

LBP/DROP exchange rate on today

10 23, 2020
1 LBP = 28.9582 DROP
▲ 0.88 %

This page provides information about the currency pair Lebanese Pound/Dropil, and more precisely about how much 1 Lebanese Pound costs in Dropil.

Data on the currency pair LBP/DROP are presented by the world's leading exchanges and Central banks of the countries that issue these currencies. We constantly update this data so that you get only the most up-to-date information about the currency pair LBP/DROP and make a balanced decision about buying and selling the currency you are interested in.

The page also provides information about the dynamics of the exchange rate of Lebanese Pound/Dropil, statistics and prediction of the exchange rate of these currencies in the near future from our experts.

How to make a forecast for currencies and cryptocurrencies?

There are several approaches to forecasting the exchange rate of currencies and cryptocurrencies:

  1. Fundamental analysis: This approach involves analyzing economic and financial data to determine the intrinsic value of a currency or cryptocurrency. This can include factors such as interest rates, inflation rates, economic growth, political stability, and fiscal policy. Based on this analysis, investors can make predictions about the future exchange rate.

  2. Technical analysis: This approach involves analyzing past market data, such as price and volume, to identify patterns and trends that can be used to predict future market movements. Technical analysis can be used to identify support and resistance levels, momentum indicators, and other factors that can influence the exchange rate.

  3. Sentiment analysis: This approach involves analyzing market sentiment and investor behavior to predict future market movements. Sentiment analysis can include monitoring social media, news articles, and other sources of market sentiment to gauge investor sentiment and predict market movements.

  4. Machine learning: This approach involves using statistical models and machine learning algorithms to analyze vast amounts of market data and make predictions about future market movements. Machine learning can be used to identify patterns and relationships in market data that might not be visible to the human eye.

In summary, there are several approaches to forecasting the exchange rate of currencies and cryptocurrencies, including fundamental analysis, technical analysis, sentiment analysis, and machine learning. Each approach has its strengths and weaknesses, and investors may use a combination of approaches to make more accurate predictions about future market movements.

Change in the LBP/DROP exchange rate over the past 30 days

For the last 30 days (09 24, 2020 — 10 23, 2020) the Lebanese Pound exchange rate against the Dropil currency changed by 3.69% (27.927 DROP — 28.9582 DROP)

Change in the LBP/DROP exchange rate over the past 90 days

For the last 90 days (07 26, 2020 — 10 23, 2020) the Lebanese Pound exchange rate against the Dropil currency changed by -69.61% (95.2904 DROP — 28.9582 DROP)

Change in the LBP/DROP exchange rate over the past 365 days

For the last 365 days (04 10, 2020 — 10 23, 2020) the Lebanese Pound exchange rate against the Dropil currency changed by 165.1% (10.9236 DROP — 28.9582 DROP)

Change in the LBP/DROP exchange rate for all time

For all the time our site has been running (04 10, 2020 — 10 23, 2020) the Lebanese Pound exchange rate against the Dropil currency changed by 165.1% (10.9236 DROP — 28.9582 DROP)

Lebanese Pound/Dropil price prediction

Lebanese Pound/Dropil price prediction for the next 30 days*

30/03 28.9986 DROP ▲ 0.14 %
31/03 29.1022 DROP ▲ 0.36 %
01/04 29.0981 DROP ▼ -0.01 %
02/04 29.0981 DROP ▲ 0 %
03/04 29.1046 DROP ▲ 0.02 %
04/04 29.1299 DROP ▲ 0.09 %
05/04 29.13 DROP ▲ 0 %
06/04 29.1162 DROP ▼ -0.05 %
07/04 32.6608 DROP ▲ 12.17 %
08/04 36.0406 DROP ▲ 10.35 %
09/04 35.8211 DROP ▼ -0.61 %
10/04 35.4955 DROP ▼ -0.91 %
11/04 35.98 DROP ▲ 1.36 %
12/04 36.8764 DROP ▲ 2.49 %
13/04 36.301 DROP ▼ -1.56 %
14/04 34.632 DROP ▼ -4.6 %
15/04 33.3853 DROP ▼ -3.6 %
16/04 33.2426 DROP ▼ -0.43 %
17/04 32.3175 DROP ▼ -2.78 %
18/04 32.2154 DROP ▼ -0.32 %
19/04 32.5153 DROP ▲ 0.93 %
20/04 32.7841 DROP ▲ 0.83 %
21/04 33.3687 DROP ▲ 1.78 %
22/04 33.9874 DROP ▲ 1.85 %
23/04 33.4507 DROP ▼ -1.58 %
24/04 32.8468 DROP ▼ -1.81 %
25/04 33.2196 DROP ▲ 1.13 %
26/04 32.4303 DROP ▼ -2.38 %
27/04 30.9848 DROP ▼ -4.46 %
28/04 30.3156 DROP ▼ -2.16 %

* — Price prediction of the Lebanese Pound/Dropil currency pair are compiled by our specialists based on statistical data, global trends and major business news. Price prediction for 30 days, 3 months, and a year are made by different experts and may have slight differences.

Lebanese Pound/Dropil price prediction for the next 3 months*

01/04 — 07/04 28.9217 DROP ▼ -0.13 %
08/04 — 14/04 28.9806 DROP ▲ 0.2 %
15/04 — 21/04 6.875667 DROP ▼ -76.27 %
22/04 — 28/04 6.864648 DROP ▼ -0.16 %
29/04 — 05/05 6.857483 DROP ▼ -0.1 %
06/05 — 12/05 6.853525 DROP ▼ -0.06 %
13/05 — 19/05 6.852336 DROP ▼ -0.02 %
20/05 — 26/05 6.863419 DROP ▲ 0.16 %
27/05 — 02/06 8.472195 DROP ▲ 23.44 %
03/06 — 09/06 7.748997 DROP ▼ -8.54 %
10/06 — 16/06 7.789356 DROP ▲ 0.52 %
17/06 — 23/06 6.904802 DROP ▼ -11.36 %

Lebanese Pound/Dropil price prediction for the next year*

04/2024 415.66 DROP ▲ 1335.38 %
05/2024 324.67 DROP ▼ -21.89 %
06/2024 379.93 DROP ▲ 17.02 %
07/2024 151.27 DROP ▼ -60.18 %
08/2024 57.3074 DROP ▼ -62.12 %
09/2024 57.368 DROP ▲ 0.11 %
10/2024 59.1698 DROP ▲ 3.14 %

Lebanese Pound/Dropil exchange rate statistics

For 30 days
Minimum 27.927 DROP
Maximum 35.2699 DROP
Weighted Average 31.323 DROP
For 90 days
Minimum 27.9084 DROP
Maximum 96.3025 DROP
Weighted Average 46.5289 DROP
For 365 days
Minimum 11.1325 DROP
Maximum 197.41 DROP
Weighted Average 78.7648 DROP

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Our expert

All forecasts on our website are made by our professional financial experts. Here are just a few of them:

Anthony Carter Anthony Carter CEO, lead analyst
David Bailey David Bailey Managing Director, Director of research Department
Anthony Glenn Anthony Glenn Deputy head of analytical Department
Joseph Hensley Joseph Hensley Senior analyst, markets and equities Department