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Lebanese pound

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The Lebanese pound (Arabic lira, French livre, ISO 4217: LBP) is the currency unit of Lebanon. It is theoretically divided into 100 piastres (qirsh) but inflation has eliminated the subdivisions.

Before World War I, the Ottoman lira was used. After the fall of the Ottoman Empire, the currency became the Egyptian pound in 1918. Upon gaining control of Syria and Lebanon, the French replaced the Egyptian pound with a new currency for Syria and Lebanon, the Syrian livre, which was linked to the French franc. In 1937, Lebanon got its own currency, still linked to the French franc and interchangeable with Syrian money. In 1941, following France's defeat by Nazi Germany, the currency was linked instead to the British pound sterling.[1]

File:Lebanese pound.jpg

Coins in current use [2]

  • 50 pounds (rarely used)
  • 100 pounds (rarely used)
  • 250 pounds
  • 500 pounds

Banknotes in current use

  • 1000 pounds
  • 5000 pounds
  • 10,000 pounds
  • 20,000 pounds
  • 50,000 pounds
  • 100,000 pounds