Convert Argentine Peso to Lebanese Pound
Please provide values below to convert Argentine Peso [ARS] to Lebanese Pound [LBP], or Convert Lebanese Pound to Argentine Peso.
How to Convert Argentine Peso to Lebanese Pound
1 ARS = 0.0141471508379888 LBP
Example: convert 15 ARS to LBP:
15 ARS = 15 × 0.0141471508379888 LBP = 0.212207262569832 LBP
Argentine Peso to Lebanese Pound Conversion Table
| Argentine Peso | Lebanese Pound |
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Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.
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.