Lebanese Pound To Usd Unofficial Rate
The dollar to lebanese pound exchange rate usd lbp as of 6 oct 2020 at 12 40 am.
Lebanese pound to usd unofficial rate. Within 6 months 6 distinct lebanese pound rates were defined against the us dollar officially and unofficially. 50 lebanese pounds buys 0 035 dollars at interbank exchange. The us dollar is the most traded currency in the world.
On october 1 2020 they were valued at 1 official government rate 1 507 5 2 official syndicate rate 3 850 3 900 3 lebanese dollar rate 3 900 4 parallel market rate 3 800 5 banker s cheque rate 33c 6 black market rate 8 250 8 400. The lebanese pound is the currency of lebanon. The official longstanding rate of about 1 500 pounds to 1 remains but is now only available for vital imports according to reuters.
Our currency rankings show that the most popular lebanon pound exchange rate is the lbp to usd rate. Lebanese banks raised the exchange rate to 3 850 pounds per dollar for withdrawals from u s. The currency code for pounds is lbp and the currency symbol is ل ل.
What is 50 lebanese pounds in dollars. Today s exchange rate 0 0007 is the same value compared to yesterday s rate 0 0007. Last week the black market traded more than 6 000 pounds for 1.
Lebanese lira exchange rate. There are multiple exchange rates between lebanese pounds and dollars in the country at present. The bank rate is the third rate.
Analyze historical currency charts or live lebanese pound lebanese pound rates and get free rate alerts directly to your email. The lebanese lira started taking shape in 1924 and settled at around 3 lira for one usd in the 1960s. Below you ll find lebanese pound rates and a currency converter.
After that collapse the dollar exchange rate began to gradually decline and pegged at the end of year 1998 at an average price of 1 507 5. In september 1992 the dollar started to rise against the lira and it exceeded 2 800 lira. Dollar accounts bankers said on monday as a liquidity crunch erodes the currency s value.
