Convert Lebanese Pound to Iranian Rial
Please provide values below to convert Lebanese Pound [LBP] to Iranian Rial [IRR], or Convert Iranian Rial to Lebanese Pound.
How to Convert Lebanese Pound to Iranian Rial
1 LBP = 2.10897467054735 IRR
Example: convert 15 LBP to IRR:
15 LBP = 15 × 2.10897467054735 IRR = 31.6346200582102 IRR
Lebanese Pound to Iranian Rial Conversion Table
| Lebanese Pound | Iranian Rial |
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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.
Iranian Rial
The Iranian Rial (IRR) is the official currency of Iran, used for everyday transactions and pricing within the country.
History/Origin
The Iranian Rial was introduced in 1932, replacing the Iranian Toman. It has undergone several redenominations and inflation periods, with the current form established in 2002 to address hyperinflation.
Current Use
Today, the IRR is the primary currency used in Iran for all financial transactions, though the currency experiences high inflation and is often used alongside other forms of payment such as digital currencies and foreign currencies in certain contexts.