Exchange 402 LBP to SAR - 402 Lebanese Pound to Saudi Arabian Riyal
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.
402 Lebanese Pound to Saudi Arabian Riyal exchange rates chart
402 LBP to SAR 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.
402 Lebanese Pound to Saudi Arabian Riyal 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.
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.