Convert Lebanese Pound to Angolan Kwanza
Please provide values below to convert Lebanese Pound [LBP] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Lebanese Pound.
How to Convert Lebanese Pound to Angolan Kwanza
1 LBP = 97.335487257099 AOA
Example: convert 15 LBP to AOA:
15 LBP = 15 × 97.335487257099 AOA = 1460.03230885649 AOA
Lebanese Pound to Angolan Kwanza Conversion Table
| Lebanese Pound | Angolan Kwanza |
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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.
Angolan Kwanza
The Angolan Kwanza (AOA) is the official currency of Angola, used for all monetary transactions within the country.
History/Origin
The Kwanza was introduced in 1977, replacing the Angolan escudo after independence from Portugal. It has undergone several redenominations due to inflation and economic changes.
Current Use
The AOA is actively used as Angola's legal tender, with coins and banknotes circulating nationwide. It is managed by the National Bank of Angola.