Convert Lebanese Pound to Mozambican Metical
Please provide values below to convert Lebanese Pound [LBP] to Mozambican Metical [MZN], or Convert Mozambican Metical to Lebanese Pound.
How to Convert Lebanese Pound to Mozambican Metical
1 LBP = 1406.73946084942 MZN
Example: convert 15 LBP to MZN:
15 LBP = 15 × 1406.73946084942 MZN = 21101.0919127413 MZN
Lebanese Pound to Mozambican Metical Conversion Table
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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.
Mozambican Metical
The Mozambican Metical (MZN) is the official currency of Mozambique, used for all monetary transactions within the country.
History/Origin
The Metical was introduced in 1980, replacing the Mozambique Escudo, to stabilize the economy and modernize the monetary system. It has undergone several redenominations and reforms since its inception.
Current Use
The Metical is actively used as Mozambique's primary currency for everyday transactions, banking, and trade. It is issued and regulated by the Bank of Mozambique.