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.

Israeli Shekel

Israeli Shekel

The Israeli new shekel (Hebrew: שֶׁקֶל חָדָשׁ‎ Sheqel H̱adash; Arabic: شيكل جديد‎ šēkal jadīd; sign: ₪; code: ILS), also known as simply the Israeli shekel and formerly known as the New Israeli Sheqel (NIS), is the currency of Israel and is also used as a legal tender in the Palestinian territories of the West Bank and the Gaza Strip. The new shekel is divided into 100 agora. The new shekel has been in use since 1 January 1986, when it replaced the hyperinflated old shekel at a ratio of 1000:1. The currency sign for the new shekel ⟨ ₪ ⟩ is a combination of the first Hebrew letters of the words shekel (ש) and ẖadash (ח) (new). Alongside the shekel sign, the following abbreviations of NIS, ש"ח‎ and ش.ج‎ are also used commonly to denominate prices.

410 Lebanese Pound to Israeli Shekel exchange rates chart

410 LBP to ILS exchange rates graph
410 LBP to ILS 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.

410 LBP to ILS exchange rates table

Exchange LBP to ILS
410 Lebanese Pound = 1.003 Israeli Shekel
820 Lebanese Pound = 2.007 Israeli Shekel
2050 Lebanese Pound = 5.017 Israeli Shekel
4100 Lebanese Pound = 10.033 Israeli Shekel
Exchange Lebanese Pound to Israeli Shekel
410 Lebanese Pound to Israeli Shekel 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.

410 LBP to ILS exchange rates news

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
Lebanon cenbank head: a new govt will reduce risks, rates in economy

Lebanon's central bank governor on Wednesday said a new government that carries out reforms would increase market confidence and reduce risk and interest rates in the highly indebted country.

conditional negative
Shekel weaker in wake of Gaza escalation

The shekel's boost from the end of the Bank of Israel's foreign currency purchasing program to offset gas sales has faded amid the rocket fire from Gaza

indicative negative
Convicted counterfeiters ordered to pay damages to Bank of Israel for… copyright infringement

Two people already convicted for their roles in a counterfeit ring in Israel have been ordered by a court to also pay damages to Bank of Israel… because printing your own 200-shekel notes apparently violates copyright.

indicative positive

410 LBP to ILS currency converter