Convert 1 Lebanese Pound (LBP) to Canadian Dollar (CAD)
Exchange rates used for currency conversion updated on 21st May 2019 ( 21/05/2019 )
Below you will find the latest exchange rate for exchanging Lebanese Pound (LBP) to Canadian Dollar (CAD) , a table containing most common conversions and a chart with the pair's evolution.
The Lebanese Pound (LBP) to Canadian Dollar (CAD) 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 om;ine and offline.
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 Canadian Dollar (CAD)
The Bank of Canada manges the circulation and monetary policy of the floating yet highly dependent currency. The Canadian dollar (CAD) is heavily intertwined with economic developments in the United States and the USD this is compounded with the high trade dependence Canada shares with the US and is only mitigated by the price of commodities such as oil in which Canada is a net exporter and therefore can leverage these exports to support the CAD independent of the USD. The Bank of Canada follows its mandate of promoting the economic well being of the nation in juxtaposition to the mandate of many central banks as price stability.