Convert Lebanese Pound to Argentine Peso
Please provide values below to convert Lebanese Pound [LBP] to Argentine Peso [ARS], or Convert Argentine Peso to Lebanese Pound.
How to Convert Lebanese Pound to Argentine Peso
1 LBP = 70.68561093692 ARS
Example: convert 15 LBP to ARS:
15 LBP = 15 × 70.68561093692 ARS = 1060.2841640538 ARS
Lebanese Pound to Argentine Peso Conversion Table
| Lebanese Pound | Argentine Peso |
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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.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.