Convert Lebanese Pound to Aruban Florin
Please provide values below to convert Lebanese Pound [LBP] to Aruban Florin [AWG], or Convert Aruban Florin to Lebanese Pound.
How to Convert Lebanese Pound to Aruban Florin
1 LBP = 50000 AWG
Example: convert 15 LBP to AWG:
15 LBP = 15 × 50000 AWG = 750000 AWG
Lebanese Pound to Aruban Florin Conversion Table
| Lebanese Pound | Aruban Florin |
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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.
Aruban Florin
The Aruban Florin (AWG) is the official currency of Aruba, used as a medium of exchange within the country.
History/Origin
The Aruban Florin was introduced in 1986, replacing the Netherlands Antillean Guilder at par, to establish a distinct national currency for Aruba.
Current Use
The AWG is widely used in Aruba for all daily transactions, banking, and trade, and is pegged to the US dollar at a fixed rate.