Convert Syrian Pound to Lebanese Pound
Please provide values below to convert Syrian Pound [SYP] to Lebanese Pound [LBP], or Convert Lebanese Pound to Syrian Pound.
How to Convert Syrian Pound to Lebanese Pound
1 SYP = 0.14418576424581 LBP
Example: convert 15 SYP to LBP:
15 SYP = 15 × 0.14418576424581 LBP = 2.16278646368715 LBP
Syrian Pound to Lebanese Pound Conversion Table
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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.
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.