Convert Lebanese Pound to Jamaican Dollar
Please provide values below to convert Lebanese Pound [LBP] to Jamaican Dollar [JMD], or Convert Jamaican Dollar to Lebanese Pound.
How to Convert Lebanese Pound to Jamaican Dollar
1 LBP = 559.104183910918 JMD
Example: convert 15 LBP to JMD:
15 LBP = 15 × 559.104183910918 JMD = 8386.56275866377 JMD
Lebanese Pound to Jamaican Dollar Conversion Table
| Lebanese Pound | Jamaican Dollar |
|---|
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.
Jamaican Dollar
The Jamaican Dollar (JMD) is the official currency of Jamaica, used for all monetary transactions within the country.
History/Origin
The Jamaican Dollar was introduced in 1969, replacing the Jamaican Pound at a rate of 1 dollar = 1.5 pounds. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Jamaican Dollar is widely used in everyday transactions, banking, and commerce across Jamaica, with coins and banknotes issued by the Bank of Jamaica.