Lebanese Pound Wiki
The Lebanese Pound (Arabic: ليرة لبنانية līra Libnāniyya; French: livre libanaise; sign: ل.ل., ISO 4217: LBP) is the currency of Lebanon. It used to be divided into 100 piastres (or qirsh) but high inflation during the Lebanese Civil War (1975-1990) eliminated the need for subdivisions. The Lebanese Pound is also known as the Lebanese Lira. The plural form of lira, as used on the currency, is either lirat (ليرات līrāt) or invariant, whilst there were four forms for qirsh: the dual qirshān (قرشان) used with number 2, the plural qurush (قروش) used with numbers 3–10, the accusative singular qirshan (قرشا) used with 11–99, and the genitive singular qirshi (قرش) used with multiples of 100. The number determines which plural form is used. Before the Second World War, the Arabic spelling of the subdivision was غرش (girsh). All of Lebanon's coins and banknotes are bilingual in Arabic and French. Since December 1997 the exchange rate has been fixed at 1,507.5 Lebanese Pounds per U.S. dollar. However since the 2020 economic crisis in Lebanon exchange at this rate is generally unavailable, and an informal currency market has developed with much higher exchange rates.Since September 2019, the exchange rate has forked into multiple distinct rates due to Lebanon's banking sector collapse. Within 6 months, 6 distinct Lebanese Pound rates were defined against the US Dollar, officially and unofficially. On October 1, 2020 they were valued at 1) Official Government Rate = 1,507.5 2) Official Syndicate Rate = 3,850-3,900 3) Lebanese Dollar Rate = 3,900 4) Parallel Market Rate = 3,800 5) Banker's Cheque Rate = 33c/$ 6) Black Market Rate = 8,250-8,400. With currencyconverts.com you can convert Lebanese Pound (ل.ل) to any other foreign currency. To convert a certain amount of Lebanese Pound use currency converter. This page provides a free online information about currency conversion or exchange rates for world fiat currencies. Exchange rates for Lebanese Pound is calculated from mid-market real price and updates daily. Usually people search for LBP exchange rate before business travel to Lebanon, or during trip to other countries and want to check rate of Lebanese Pound in local money. On this page you can convert Lebanese Pound to main foreign currencies, get fast access to most used amounts of LBP or aether calculate any amount of Lebanese Pound in other fiat money.