Friday, November 15, 2013

LBP/USD

Useful information relating to the Lebanese Pound currency LBP*Pegged: 1 USD = 1,507.50000 LBP

The Lebanese pound (lira in Arabic, ????, or livre in French) is the currency unit of Lebanon. It is divided into 100 qirsh (Arabic, ???) or piastres but inflation has eliminated the subdivisions. Before the war of 1975-1990, 1 U.S. dollar was worth 3 pounds. It is now pegged at 1 U.S. Dollar = 1507.5 LBP.


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