Convert Lebanese Pound to Armenian Dram
Please provide values below to convert Lebanese Pound [LBP] to Armenian Dram [AMD], or Convert Armenian Dram to Lebanese Pound.
How to Convert Lebanese Pound to Armenian Dram
1 LBP = 233.040752187849 AMD
Example: convert 15 LBP to AMD:
15 LBP = 15 × 233.040752187849 AMD = 3495.61128281774 AMD
Lebanese Pound to Armenian Dram Conversion Table
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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.
Armenian Dram
The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.
History/Origin
The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.
Current Use
The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.