Convert Swiss Franc to Lebanese Pound
Please provide values below to convert Swiss Franc [CHF] to Lebanese Pound [LBP], or Convert Lebanese Pound to Swiss Franc.
How to Convert Swiss Franc to Lebanese Pound
1 CHF = 8.88156424581006e-06 LBP
Example: convert 15 CHF to LBP:
15 CHF = 15 × 8.88156424581006e-06 LBP = 0.000133223463687151 LBP
Swiss Franc to Lebanese Pound Conversion Table
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Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.
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.