Pound Sterling to Lebanese Pound — exchange rate

Country of Circulation: United Kingdom, Guernsey, Isle of Man, Jersey

Currency Code, Symbol: GBP, £

Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2

Denominations of banknotes in circulation: £1, £5, £10, £20, £50, £100

History: The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.Read More

Country of Circulation: Lebanon

Currency Code, Symbol: LBP, LL

Denominations of coins in circulation: 25, 50, 100, 250, 500 Lebanese Pounds

Denominations of banknotes in circulation: 1,000, 5,000, 10,000, 20,000, 50,000, 100,000 Lebanese Pounds

History: The Lebanese pound (.ل.ل) is the official currency issued and accepted for payment only on the territory of Lebanon.The currency is also known as the Lebanese lira. Usually, foreign exchange offices use a shortened term – LBP. Previously, the Lebanese pound could be subdivided into piastres. Every LBP had 100 piastres. However, after the inflation in the middle of the past century, coins were removed. Notes have writings in several languages. There are both Arabic numbers and writings, and Latin symbols along with some French words.Read More