Convert Lebanese Pound to Qatari Rial
Please provide values below to convert Lebanese Pound [LBP] to Qatari Rial [QAR], or Convert Qatari Rial to Lebanese Pound.
How to Convert Lebanese Pound to Qatari Rial
1 LBP = 24587.9120879121 QAR
Example: convert 15 LBP to QAR:
15 LBP = 15 × 24587.9120879121 QAR = 368818.681318681 QAR
Lebanese Pound to Qatari Rial Conversion Table
| Lebanese Pound | Qatari Rial |
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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.
Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.