Convert Hong Kong Dollar to Lebanese Pound
Please provide values below to convert Hong Kong Dollar [HKD] to Lebanese Pound [LBP], or Convert Lebanese Pound to Hong Kong Dollar.
How to Convert Hong Kong Dollar to Lebanese Pound
1 HKD = 8.77072625698324e-05 LBP
Example: convert 15 HKD to LBP:
15 HKD = 15 × 8.77072625698324e-05 LBP = 0.00131560893854749 LBP
Hong Kong Dollar to Lebanese Pound Conversion Table
| Hong Kong Dollar | Lebanese Pound |
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Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.
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.