Convert Czech Republic Koruna to Lebanese Pound
Please provide values below to convert Czech Republic Koruna [CZK] to Lebanese Pound [LBP], or Convert Lebanese Pound to Czech Republic Koruna.
How to Convert Czech Republic Koruna to Lebanese Pound
1 CZK = 0.000234603351955307 LBP
Example: convert 15 CZK to LBP:
15 CZK = 15 × 0.000234603351955307 LBP = 0.00351905027932961 LBP
Czech Republic Koruna to Lebanese Pound Conversion Table
Czech Republic Koruna | Lebanese Pound |
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Czech Republic Koruna
The Czech Republic Koruna (CZK) is the official currency of the Czech Republic, used for all monetary transactions within the country.
History/Origin
The Koruna was introduced in 1993 following the dissolution of Czechoslovakia, replacing the Czechoslovak koruna at par. It has undergone various reforms and decimalization over the years.
Current Use
The CZK is widely used in everyday transactions, banking, and international trade within the Czech Republic. It is also accepted in some neighboring regions and is actively traded on the foreign exchange market.
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.