Convert Lebanese Pound to Solomon Islands Dollar
Please provide values below to convert Lebanese Pound [LBP] to Solomon Islands Dollar [SBD], or Convert Solomon Islands Dollar to Lebanese Pound.
How to Convert Lebanese Pound to Solomon Islands Dollar
1 LBP = 10860.9914446939 SBD
Example: convert 15 LBP to SBD:
15 LBP = 15 × 10860.9914446939 SBD = 162914.871670408 SBD
Lebanese Pound to Solomon Islands Dollar Conversion Table
Lebanese Pound | Solomon Islands 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.
Solomon Islands Dollar
The Solomon Islands Dollar (SBD) is the official currency of the Solomon Islands, used for all monetary transactions within the country.
History/Origin
The Solomon Islands Dollar was introduced in 1977, replacing the Australian dollar at par, to establish a distinct national currency following independence from British rule.
Current Use
The SBD is widely used in the Solomon Islands for everyday transactions, banking, and trade, and is pegged to a basket of currencies to maintain stability.