Convert Lebanese Pound to Swiss Franc
Please provide values below to convert Lebanese Pound [LBP] to Swiss Franc [CHF], or Convert Swiss Franc to Lebanese Pound.
How to Convert Lebanese Pound to Swiss Franc
1 LBP = 112592.778965908 CHF
Example: convert 15 LBP to CHF:
15 LBP = 15 × 112592.778965908 CHF = 1688891.68448861 CHF
Lebanese Pound to Swiss Franc 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.
Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.