Convert 1 Lebanese Pound (LBP) to Argentine Peso (ARS)
Exchange rates used for currency conversion updated on November 21st 2024 ( 11/21/2024 )
Below you will find the latest exchange rates for exchanging Lebanese Pound (LBP) to Argentine Peso (ARS) , a table containing most common conversions and a chart with the pair's evolution.
The Lebanese Pound (LBP) to Argentine Peso (ARS) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Lebanese Pound and Argentine Peso on 11/21/2024 is 1 LBP = 0.0112 ARS - AVERAGE intraday quotes were used for this currency conversion.
As the central bank of Lebanon the Banque du Liban issues the official national currency of Lebanon known as the Lebanese pound. The pound is symbolized with the three letter currency code LBP and in accounting with either of the following monetary signs: "£" or "L£". The pound is also called the livre in French and the lira in Arabic.
The LBP currency in circulation includes banknotes in L£ 1000, L£ 5000, L£ 10,000, L£ 20,000, L£ 50,000, and L£ 100,000 pound denominations and coins in L£ 50, L£ 100, L£ 250, and L£ 500 denominations.
About Argentine Peso (ARS)
The ARS is the currency code for the Argentine Peso. The current ARS has been somewhat stable since 1992 when the Central Bank of Argentina began effective management of the currency by focusing on a stable ARS to USD exchange rate. This, after 23 years of inflation that devalued the currency by a staggering ten trillion times. The current inflation rate in Argentina hovers around 22%.
ARS pesos are split into 100 units each of which is known as a centavo. The currency is currently minted and issued as coins in the following denominations: 5, 10, 25, and 50 centavos, 1 and 2 pesos; and as banknotes in 2, 5, 10, 20, 50, and 100 pesos denominations.
