Convert Egyptian Pound to Lebanese Pound
Please provide values below to convert Egyptian Pound [EGP] to Lebanese Pound [LBP], or Convert Lebanese Pound to Egyptian Pound.
How to Convert Egyptian Pound to Lebanese Pound
1 EGP = 0.000548308379888268 LBP
Example: convert 15 EGP to LBP:
15 EGP = 15 × 0.000548308379888268 LBP = 0.00822462569832402 LBP
Egyptian Pound to Lebanese Pound Conversion Table
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Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt, used for all monetary transactions within the country.
History/Origin
The Egyptian Pound was introduced in 1898, replacing the Egyptian piastre, and has undergone various reforms and decimalization over the years to modernize the currency system.
Current Use
Today, the Egyptian Pound is the primary currency in Egypt, issued and regulated by the Central Bank of Egypt, and is used in everyday transactions, banking, and trade.
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.