Convert Lebanese Pound to Turkish Lira
Please provide values below to convert Lebanese Pound [LBP] to Turkish Lira [TRY], or Convert Turkish Lira to Lebanese Pound.
How to Convert Lebanese Pound to Turkish Lira
1 LBP = 2213.11698363283 TRY
Example: convert 15 LBP to TRY:
15 LBP = 15 × 2213.11698363283 TRY = 33196.7547544924 TRY
Lebanese Pound to Turkish Lira Conversion Table
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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.
Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.