Convert Qatari Rial to Lebanese Pound
Please provide values below to convert Qatari Rial [QAR] to Lebanese Pound [LBP], or Convert Lebanese Pound to Qatari Rial.
How to Convert Qatari Rial to Lebanese Pound
1 QAR = 4.06703910614525e-05 LBP
Example: convert 15 QAR to LBP:
15 QAR = 15 × 4.06703910614525e-05 LBP = 0.000610055865921788 LBP
Qatari Rial to Lebanese Pound Conversion Table
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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.
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.