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Lebanese pound · LBP

£ or ل.ل symbol · 1 country currently using this currency.

Currency info

Adopted: 1939

Currency family: Pound

The Lebanese pound is one of the world's weakest currencies by value, with the black market rate diverging dramatically from the official peg during the recent economic crisis.

  • Introduced in 1939, replacing the Lebanese livre at parity
  • Pegged to the French franc until 1946, then to the British pound
  • Fixed to the US dollar at 1,507.5 LBP per dollar from 1997 until the 2019 financial crisis
  • Experienced severe devaluation and capital controls following Lebanon's economic collapse in 2019
  • Remains the official currency despite ongoing monetary instability

Countries currently using this currency

Flag of Lebanon
Lebanon

Related

Other Pound currencies

Egyptian Pound (EGP)Pound Sterling (GBP)South Sudanese pound (SSP)Sudanese pound (SDG)Syrian pound (SYP)

Historical predecessor

Lebanese livre