Convert Lebanese Pound to Ethiopian Birr
Please provide values below to convert Lebanese Pound [LBP] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Lebanese Pound.
How to Convert Lebanese Pound to Ethiopian Birr
1 LBP = 655.019277327111 ETB
Example: convert 15 LBP to ETB:
15 LBP = 15 × 655.019277327111 ETB = 9825.28915990667 ETB
Lebanese Pound to Ethiopian Birr Conversion Table
| Lebanese Pound | Ethiopian Birr |
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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.
Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.