Convert Lebanese Pound to Macedonian Denar
Please provide values below to convert Lebanese Pound [LBP] to Macedonian Denar [MKD], or Convert Macedonian Denar to Lebanese Pound.
How to Convert Lebanese Pound to Macedonian Denar
1 LBP = 1693.60668208259 MKD
Example: convert 15 LBP to MKD:
15 LBP = 15 × 1693.60668208259 MKD = 25404.1002312388 MKD
Lebanese Pound to Macedonian Denar Conversion Table
Lebanese Pound | Macedonian Denar |
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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.
Macedonian Denar
The Macedonian Denar (MKD) is the official currency of North Macedonia, used for all monetary transactions within the country.
History/Origin
The Denar was introduced in 1992 following the independence of North Macedonia, replacing the Yugoslav dinar. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Denar is actively used as the national currency for everyday transactions, banking, and trade in North Macedonia, with coins and banknotes issued by the National Bank of North Macedonia.