Convert New Taiwan Dollar to Lebanese Pound
Please provide values below to convert New Taiwan Dollar [TWD] to Lebanese Pound [LBP], or Convert Lebanese Pound to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Lebanese Pound
1 TWD = 0.000328100558659218 LBP
Example: convert 15 TWD to LBP:
15 TWD = 15 × 0.000328100558659218 LBP = 0.00492150837988827 LBP
New Taiwan Dollar to Lebanese Pound Conversion Table
| New Taiwan Dollar | Lebanese Pound |
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
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.