Convert Lebanese Pound to Kuwaiti Dinar
Please provide values below to convert Lebanese Pound [LBP] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Lebanese Pound.
How to Convert Lebanese Pound to Kuwaiti Dinar
1 LBP = 293058.28421742 KWD
Example: convert 15 LBP to KWD:
15 LBP = 15 × 293058.28421742 KWD = 4395874.2632613 KWD
Lebanese Pound to Kuwaiti Dinar Conversion Table
| Lebanese Pound | Kuwaiti Dinar |
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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.
Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.