Convert Falkland Islands Pound to Lebanese Pound
Please provide values below to convert Falkland Islands Pound [FKP] to Lebanese Pound [LBP], or Convert Lebanese Pound to Falkland Islands Pound.
How to Convert Falkland Islands Pound to Lebanese Pound
1 FKP = 8.27150837988827e-06 LBP
Example: convert 15 FKP to LBP:
15 FKP = 15 × 8.27150837988827e-06 LBP = 0.000124072625698324 LBP
Falkland Islands Pound to Lebanese Pound Conversion Table
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Falkland Islands Pound
The Falkland Islands Pound (FKP) is the official currency of the Falkland Islands, pegged at par to the British Pound Sterling.
History/Origin
Introduced in 1899, the Falkland Islands Pound has been used as the local currency, maintaining a fixed exchange rate with the British Pound, and has evolved alongside economic developments in the islands.
Current Use
The Falkland Islands Pound is actively used for all local transactions, issued by the Falkland Islands Monetary Authority, and is accepted alongside the British Pound within the islands.
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.