Convert Canadian Dollar to Lebanese Pound
Please provide values below to convert Canadian Dollar [CAD] to Lebanese Pound [LBP], or Convert Lebanese Pound to Canadian Dollar.
How to Convert Canadian Dollar to Lebanese Pound
1 CAD = 1.52234636871508e-05 LBP
Example: convert 15 CAD to LBP:
15 CAD = 15 × 1.52234636871508e-05 LBP = 0.000228351955307263 LBP
Canadian Dollar to Lebanese Pound Conversion Table
Canadian Dollar | Lebanese Pound |
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
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.