Convert Australian Dollar to Lebanese Pound
Please provide values below to convert Australian Dollar [AUD] to Lebanese Pound [LBP], or Convert Lebanese Pound to Australian Dollar.
How to Convert Australian Dollar to Lebanese Pound
1 AUD = 1.70860335195531e-05 LBP
Example: convert 15 AUD to LBP:
15 AUD = 15 × 1.70860335195531e-05 LBP = 0.000256290502793296 LBP
Australian Dollar to Lebanese Pound Conversion Table
| Australian Dollar | Lebanese Pound |
|---|
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.
Lebanese Pound
The Lebanese Pound (LBP) is the official currency of Lebanon, used for everyday transactions and financial exchanges within the country.
History/Origin
The Lebanese Pound was introduced in 1939, replacing the Lebanese lira, and has undergone various devaluations and reforms due to economic challenges and political instability over the decades.
Current Use
Today, the Lebanese Pound remains the official currency of Lebanon, but due to economic crises, the country also extensively uses the US dollar for transactions and savings.