LBP

Lebanese Pound

LBP is the official currency of Lebanon, also known as the Lebanese lira. It is issued by Banque du Liban, the country's central bank.

The pound is subdivided into 100 piastres. Since 2019, Lebanon has experienced a severe financial crisis with the currency losing over 98% of its value on parallel markets. The official rate of 1,507.5 LBP per USD became disconnected from market reality, with multiple exchange rates emerging.

Related Terms

USD

United States Dollar

USD is the official currency of the United States and its territories. It's the world's primary rese...

EUR

Euro

EUR is the official currency of the Eurozone, used by 20 of the 27 European Union member states. It'...

SYP

Syrian Pound

SYP is the official currency of Syria, also known as the Syrian lira. It is issued by the Central Ba...

JOD

Jordanian Dinar

JOD is the official currency of Jordan. It is issued by the Central Bank of Jordan and has been pegg...

Banque du Liban

Banque du Liban is Lebanon's central bank. It sets monetary policy, issues the LBP, and supports fin...

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