Convert Turkish Lira to Lebanese Pound
Please provide values below to convert Turkish Lira [TRY] to Lebanese Pound [LBP], or Convert Lebanese Pound to Turkish Lira.
How to Convert Turkish Lira to Lebanese Pound
1 TRY = 0.000451851396648045 LBP
Example: convert 15 TRY to LBP:
15 TRY = 15 × 0.000451851396648045 LBP = 0.00677777094972067 LBP
Turkish Lira to Lebanese Pound Conversion Table
| Turkish Lira | Lebanese Pound |
|---|
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.
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.