Convert Icelandic Króna to Lebanese Pound
Please provide values below to convert Icelandic Króna [ISK] to Lebanese Pound [LBP], or Convert Lebanese Pound to Icelandic Króna.
How to Convert Icelandic Króna to Lebanese Pound
1 ISK = 0.00135990502793296 LBP
Example: convert 15 ISK to LBP:
15 ISK = 15 × 0.00135990502793296 LBP = 0.0203985754189944 LBP
Icelandic Króna to Lebanese Pound Conversion Table
| Icelandic Króna | Lebanese Pound |
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Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.
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.