Convert Lebanese Pound to Libyan Dinar
Please provide values below to convert Lebanese Pound [LBP] to Libyan Dinar [LYD], or Convert Libyan Dinar to Lebanese Pound.
How to Convert Lebanese Pound to Libyan Dinar
1 LBP = 16488.5777450258 LYD
Example: convert 15 LBP to LYD:
15 LBP = 15 × 16488.5777450258 LYD = 247328.666175387 LYD
Lebanese Pound to Libyan Dinar Conversion Table
| Lebanese Pound | Libyan Dinar |
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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.
Libyan Dinar
The Libyan Dinar (LYD) is the official currency of Libya, used for all monetary transactions within the country.
History/Origin
The Libyan Dinar was introduced in 1971, replacing the Libyan Pound at par, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the LYD is actively used in Libya for everyday transactions, banking, and international trade, with the Central Bank of Libya managing its issuance and regulation.