Convert Lebanese Pound to Colombian Peso
Please provide values below to convert Lebanese Pound [LBP] to Colombian Peso [COP], or Convert Colombian Peso to Lebanese Pound.
How to Convert Lebanese Pound to Colombian Peso
1 LBP = 22.2005877425768 COP
Example: convert 15 LBP to COP:
15 LBP = 15 × 22.2005877425768 COP = 333.008816138652 COP
Lebanese Pound to Colombian Peso Conversion Table
| Lebanese Pound | Colombian Peso |
|---|
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.
Colombian Peso
The Colombian Peso (COP) is the official currency of Colombia, used for all monetary transactions within the country.
History/Origin
The Colombian Peso was introduced in 1810, replacing the real, and has undergone various reforms and redenominations over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the COP is widely used in Colombia for everyday transactions, banking, and international trade, with coins and banknotes issued by the Banco de la República.