Convert Lebanese Pound to Bulgarian Lev
Please provide values below to convert Lebanese Pound [LBP] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to Lebanese Pound.
How to Convert Lebanese Pound to Bulgarian Lev
1 LBP = 53669.9448308947 BGN
Example: convert 15 LBP to BGN:
15 LBP = 15 × 53669.9448308947 BGN = 805049.172463421 BGN
Lebanese Pound to Bulgarian Lev Conversion Table
| Lebanese Pound | Bulgarian Lev |
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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.
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.