Convert Bulgarian Lev to Lebanese Pound
Please provide values below to convert Bulgarian Lev [BGN] to Lebanese Pound [LBP], or Convert Lebanese Pound to Bulgarian Lev.
How to Convert Bulgarian Lev to Lebanese Pound
1 BGN = 1.86324022346369e-05 LBP
Example: convert 15 BGN to LBP:
15 BGN = 15 × 1.86324022346369e-05 LBP = 0.000279486033519553 LBP
Bulgarian Lev to Lebanese Pound Conversion Table
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Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.
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.