Convert Philippine Peso to Lebanese Pound
Please provide values below to convert Philippine Peso [PHP] to Lebanese Pound [LBP], or Convert Lebanese Pound to Philippine Peso.
How to Convert Philippine Peso to Lebanese Pound
1 PHP = 0.000636226815642458 LBP
Example: convert 15 PHP to LBP:
15 PHP = 15 × 0.000636226815642458 LBP = 0.00954340223463687 LBP
Philippine Peso to Lebanese Pound Conversion Table
| Philippine Peso | Lebanese Pound |
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Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets 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.