Convert Lebanese Pound to Albanian Lek
Please provide values below to convert Lebanese Pound [LBP] to Albanian Lek [ALL], or Convert Albanian Lek to Lebanese Pound.
How to Convert Lebanese Pound to Albanian Lek
1 LBP = 1073.18909831731 ALL
Example: convert 15 LBP to ALL:
15 LBP = 15 × 1073.18909831731 ALL = 16097.8364747597 ALL
Lebanese Pound to Albanian Lek Conversion Table
| Lebanese Pound | Albanian Lek |
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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.
Albanian Lek
The Albanian Lek (ALL) is the official currency of Albania, used for everyday transactions and financial exchanges within the country.
History/Origin
The Albanian Lek was introduced in 1926, replacing the Albanian franc, and has undergone several reforms, with the current version issued since 1992 to stabilize the economy after the fall of communism.
Current Use
The Albanian Lek is actively used as the primary currency in Albania for all forms of payment, banking, and financial transactions.