Lebanese pound

E26658

The Lebanese pound is the official currency of Lebanon, historically pegged to the US dollar but heavily devalued in recent years due to the country’s financial crisis.

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All labels observed (5)

Label Occurrences
Lebanese pound canonical 12
Lebanese lira 1
Lebanese pounds 1

Statements (45)

Predicate Object
instanceOf fiat currency
national currency
alsoKnownAs lira
Lebanese pound
surface form: lira libanaise
centralBank Banque du Liban
surface form: Bank of Lebanon

Banque du Liban
circulatesAlongside United States dollar in Lebanon
country Lebanon
crisisPeriod from 2019 onwards
crisisRelatedTo Lebanese financial crisis
denominationContext prices in Lebanon often quoted in US dollars and Lebanese pounds
denominationType banknotes
coins
exchangeRateRegime managed peg (historically)
hasBlackMarketRate yes
hasExperienced currency crisis
high inflation
hasInformalAbbreviation LBP
historicalPegRate 1507.5 LBP per USD
historicalStatus relatively stable before 2019 crisis
inflationEffect sharp loss of purchasing power
introduced 1920s
ISO4217Code LBP
isSubjectOf Lebanese liquidity crisis
Lebanese sovereign debt crisis
languageOnCurrency Arabic
English
French
legalTenderIn Lebanon
monetaryAuthority Banque du Liban
monetaryPolicyBy Banque du Liban
officialCurrencyOf Lebanon
peggedTo US dollar
surface form: United States dollar
pegType de facto peg
region Middle East
regionUsage Lebanon
surface form: Republic of Lebanon
replaced Egyptian pound in Lebanon
status heavily devalued
subunit piastre
subunitToUnit 100 piastres = 1 Lebanese pound
symbol LL
ل.ل
usedFor domestic transactions in Lebanon
usedIn Lebanon
writingSystemForSymbol Arabic script

Referenced by (16)

Full triples — surface form annotated when it differs from this entity's canonical label.

Beirut currency Lebanese pound
Lebanon currency Lebanese pound
Lebanese pound alsoKnownAs Lebanese pound
this entity surface form: lira libanaise
North Governorate usesCurrency Lebanese pound
LBP represents Lebanese pound
LBP currencyName Lebanese pound
LBP hasPluralName Lebanese pound
this entity surface form: Lebanese pounds
Banque du Liban currencyIssued Lebanese pound
lira commonName Lebanese pound
subject surface form: Lebanese pound
this entity surface form: Lebanese lira
lira officialNameInEnglish Lebanese pound
subject surface form: Lebanese pound
lira officialNameInArabic Lebanese pound
subject surface form: Lebanese pound
this entity surface form: الليرة اللبنانية
South Governorate usesCurrency Lebanese pound
Aley currency Lebanese pound
Nabatieh District usesCurrency Lebanese pound
Miniyeh-Danniyeh District usesCurrency Lebanese pound
Bekaa Governorate usesCurrency Lebanese pound