Convert Lebanese Pound to Syrian Pound
Please provide values below to convert Lebanese Pound [LBP] to Syrian Pound [SYP], or Convert Syrian Pound to Lebanese Pound.
How to Convert Lebanese Pound to Syrian Pound
1 LBP = 6.93549744824451 SYP
Example: convert 15 LBP to SYP:
15 LBP = 15 × 6.93549744824451 SYP = 104.032461723668 SYP
Lebanese Pound to Syrian Pound Conversion Table
| Lebanese Pound | Syrian Pound |
|---|
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.
Syrian Pound
The Syrian Pound (SYP) is the official currency of Syria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Syrian Pound was introduced in 1947, replacing the Syrian lira, and has undergone various devaluations and reforms due to economic challenges and conflicts in Syria.
Current Use
Today, the Syrian Pound remains the official currency of Syria, though its value is heavily affected by ongoing economic instability and sanctions, with limited use in some regions and a significant presence of foreign currencies.