Lebanese Pound

Lebanese Pound

The Lebanese pound (Arabic: ليرة‎ lira; French: livre; sign: ل.ل.‎, ISO 4217: LBP) is the currency of Lebanon. It used to be divided into 100 piastres (or qirsh) but inflation has eliminated the subdivisions. The plural form of lira, as used on the currency, is either lirat (ليرات) or the same, whilst there were four forms for qirsh: the dual qirshan (قرشان), the plural qirush (قروش) used with numbers 3–10, the accusative singular qirsha (قرشا) used with 11–99, or the genitive singular qirshi (قرش) used with multiples of 100. In both cases, the number determines which plural form is used. Before the Second World War, the Arabic spelling of the subdivision was غرش (girsh). All of Lebanon's coins and banknotes are bilingual in Arabic and French.

Australian Dollar

Australian Dollar

The Australian dollar (sign: $; code: AUD) is the currency of the Commonwealth of Australia, including its external territories Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru, Tonga, Tuvalu, and Vanuatu. The Australian dollar was legal tender of Papua New Guinea until 1 January 1976, when the Papua New Guinean kina became the sole legal tender. Within Australia, it is almost always abbreviated with the dollar sign ($), with A$ or AU$ sometimes used to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. In 2016, the Australian dollar was the fifth most traded currency in the world, accounting for 6.9% of the world's daily share (down from 8.6% in 2013). It trades in the world foreign exchange markets behind the US dollar, the euro, the yen and the pound sterling. The Australian dollar is popular with currency traders, because of the comparatively high interest rates in Australia, the relative freedom of the foreign exchange market from government intervention, the general stability of Australia's economy and political system, and the prevailing view that the Australian dollar offers diversification benefits in a portfolio containing the major world currencies, especially because of its greater exposure to Asian economies and the commodities cycle. The currency is commonly referred to by foreign-exchange traders as the "Aussie dollar".

1098 Lebanese Pound to Australian Dollar exchange rates chart

1098 LBP to AUD exchange rates graph
1098 LBP to AUD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1098 LBP to AUD exchange rates table

Exchange LBP to AUD
1098 Lebanese Pound = 1.009 Australian Dollar
2196 Lebanese Pound = 2.018 Australian Dollar
5490 Lebanese Pound = 5.046 Australian Dollar
10980 Lebanese Pound = 10.092 Australian Dollar
Exchange Lebanese Pound to Australian Dollar
1098 Lebanese Pound to Australian Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

1098 LBP to AUD exchange rates news

'Hariri's govt seeks to deliver Lebanon to Saudi Arabia'

Hariri is allowing top government officials to stoke the fear of Iran in order to 'deliver Lebanon to Saudi Arabia,' says Prof. Khaled Tadmori

conditional negative
Lebanon bank deposits up 4% on year

BEIRUT: Bank deposits in Lebanon have risen by 4 percent on the year, Central Bank Governor Riad Salameh said on Thursday, and he maintained his economic growth outlook for 2018 at 2 percent. In July Salameh had said he expected bank deposits to grow by more than 5 percent in 2018. In October the World Bank and the International Monetary Fund (IMF) halved their growth outlook

indicative neutral
Lebanon's Hariri blames Hezbollah for obstructing government formation

Lebanese Prime Minister-designate Saad al-Hariri said on Tuesday the process of forming a new govern

conditional positive
Lebanon's Aoun vows to find solution over government impasse

BEIRUT, Nov 10- Lebanese President Michel Aoun said on Saturday that a solution would be found to a political row that has blocked the formation of a.

conditional neutral
Lebanon's Jumblatt voices currency fears over political deadlock

Lebanese Druze leader Walid Jumblatt on Friday voiced fears for Lebanon's currency if the deadlock in forming a new government after a May election continues, and directed blame at the Iran-backed Hezbollah group for the delay.

conditional neutral
Australian dollar slides
Australian dollar slides

Aussie dollar falls against the greenback.

indicative neutral
$A near multi-month highs amid Fed caution - 9Finance

Flaring Sino-US trade tensions have kept the Aussie dollar off its high, but the currency is still at a mul...

conditional neutral
Aussie, kiwi near multi-month highs as Fed caution weighs on dollar

SYDNEY, Nov 19- The Australia and New Zealand dollars held near multi-month peaks on Monday as the greenback stumbled on concerns about slowing.

indicative neutral

1098 LBP to AUD currency converter