Convert Lebanese Pound to Bahamian Dollar
Please provide values below to convert Lebanese Pound [LBP] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Lebanese Pound.
How to Convert Lebanese Pound to Bahamian Dollar
1 LBP = 89500 BSD
Example: convert 15 LBP to BSD:
15 LBP = 15 × 89500 BSD = 1342500 BSD
Lebanese Pound to Bahamian Dollar Conversion Table
| Lebanese Pound | Bahamian Dollar |
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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.
Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.