Convert Lebanese Pound to Salvadoran Colón
Please provide values below to convert Lebanese Pound [LBP] to Salvadoran Colón [SVC], or Convert Salvadoran Colón to Lebanese Pound.
How to Convert Lebanese Pound to Salvadoran Colón
1 LBP = 10241.030373523 SVC
Example: convert 15 LBP to SVC:
15 LBP = 15 × 10241.030373523 SVC = 153615.455602845 SVC
Lebanese Pound to Salvadoran Colón Conversion Table
| Lebanese Pound | Salvadoran Colón |
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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.
Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.