Lebanese Pound (LBP) Profile | Currency Converter

Currency name

Lebanese pound LBP converter to world currencies »

Currency code

LBP

Currency symbol

ل.ل

Subunit

1/100, piastre

Coins freq used

250 pounds, 500 pounds

Coins rarely used

Banknotes freq used

1000 pounds, 5000 pounds, 10000 pounds, 20000 pounds, 50000 pounds, 100000 pounds

Banknotes rarely used

Central bank

Banque du Liban (www.bdl.gov.lb)

Currency users

Lebanon

Currency notes

Lebanese pound is pegged with the U.S.dollar at 1 USD=1507.5 LBP.

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Currency user list

Users:

The Lebanese Pound (LBP) is the official currency of Lebanon. It is the legal tender used for all transactions within the country.

History:

The Lebanese Pound has a long history, dating back to the early 20th century. It was introduced as the official currency of Greater Lebanon under the French Mandate in 1924.

Over the years, Lebanon has faced several economic challenges, and the value of the Lebanese Pound has fluctuated due to various factors.

Coins and Banknotes:

The Lebanese Pound is subdivided into 100 piastres.

Coins:

Coins currently in circulation are 50, 100, 250, and 500 LBP, as well as 250, 500, and 1000 piastres.

Banknotes:

The most commonly used banknotes are 1000, 5000, 10,000, 20,000, 50,000, and 100,000 LBP.

Each banknote typically features important cultural and historical symbols of Lebanon.