Lebanese pound
Worldwide use:
- Lebanon
Description:
The Lebanese Pound is the official currency of Lebanon. One Lebanese Pound is made up of 100 Piastres but due to their low value, Piastres are no longer in circulation. Coins are issued in 250 and 500 Pounds and banknotes come in 1000, 5000, 10000, 20000, 50000 and 100000 Lebanese Pounds.
Lebanese Pound coins and banknotes have one side written in Arabic and the other side in French.
Origin:
The Ottoman Lira currency was used in Lebanon before World War I but when the Ottoman Empire was abolished in 1918, the Egyptian Pound became the country’s official currency. Under French rule, the Syrian Pound was introduced in 1919 and remained the country's main currency until 1924 when Lebanon introduced the Lebanese Pound.
Component units:
- piastre (100)
Date introduced:
- 1924
Central bank:
- Banque du Liban
Printer:
Mint:
