Convert Lebanese Pound to Somali Shilling
Please provide values below to convert Lebanese Pound [LBP] to Somali Shilling [SOS], or Convert Somali Shilling to Lebanese Pound.
How to Convert Lebanese Pound to Somali Shilling
1 LBP = 156.62197719584 SOS
Example: convert 15 LBP to SOS:
15 LBP = 15 × 156.62197719584 SOS = 2349.3296579376 SOS
Lebanese Pound to Somali Shilling Conversion Table
| Lebanese Pound | Somali Shilling |
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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.
Somali Shilling
The Somali Shilling (SOS) is the official currency of Somalia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Somali Shilling was introduced in 1962, replacing the Somali Somali shilling, and has undergone various reforms and devaluations due to economic challenges and civil unrest over the decades.
Current Use
Today, the Somali Shilling remains the official currency of Somalia, used in cash transactions, with banknotes and coins issued by the Central Bank of Somalia. It is also used in some neighboring regions and for remittances.