Convert Romanian Leu to Lebanese Pound
Please provide values below to convert Romanian Leu [RON] to Lebanese Pound [LBP], or Convert Lebanese Pound to Romanian Leu.
How to Convert Romanian Leu to Lebanese Pound
1 RON = 4.84201117318436e-05 LBP
Example: convert 15 RON to LBP:
15 RON = 15 × 4.84201117318436e-05 LBP = 0.000726301675977654 LBP
Romanian Leu to Lebanese Pound Conversion Table
Romanian Leu | Lebanese Pound |
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Romanian Leu
The Romanian Leu (RON) is the official currency of Romania, used for all monetary transactions within the country.
History/Origin
The Leu was first introduced in 1867, replaced by the Romanian Leu in 1952 after a currency reform, and has undergone several redenominations, with the current form established in 2005 to stabilize the economy.
Current Use
The RON is actively used as Romania's primary currency for everyday transactions, banking, and international trade, with coins and banknotes issued by the National Bank of Romania.
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.