Convert Kazakhstani Tenge to Lebanese Pound
Please provide values below to convert Kazakhstani Tenge [KZT] to Lebanese Pound [LBP], or Convert Lebanese Pound to Kazakhstani Tenge.
How to Convert Kazakhstani Tenge to Lebanese Pound
1 KZT = 0.00597439329608939 LBP
Example: convert 15 KZT to LBP:
15 KZT = 15 × 0.00597439329608939 LBP = 0.0896158994413408 LBP
Kazakhstani Tenge to Lebanese Pound Conversion Table
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Kazakhstani Tenge
The Kazakhstani Tenge (KZT) is the official currency of Kazakhstan, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 following Kazakhstan's independence from the Soviet Union, the Tenge replaced the Soviet ruble and has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Tenge is actively used in Kazakhstan for everyday transactions, banking, and trade, and is managed by the National Bank of Kazakhstan. It features modern security features and is available in both cash and digital forms.
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.