# Lebanese pound

> official currency of Lebanon

**Wikidata**: [Q201880](https://www.wikidata.org/wiki/Q201880)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Lebanese_pound)  
**Source**: https://4ort.xyz/entity/lebanese-pound

## Summary
The Lebanese pound is the official currency of Lebanon, a country in West Asia. It is classified as a type of pound, a currency used in several nations, and is denoted by the code LBP. The Lebanese pound is also referred to as "1000 lira" and has been in use since 1939.

## Key Facts
- The Lebanese pound is the official currency of Lebanon.
- It is classified as a type of pound, a currency used in several nations.
- The Lebanese pound is denoted by the code LBP.
- It is also referred to as "1000 lira."
- The Lebanese pound has been in use since 1939.
- Lebanon, where the Lebanese pound is used, was established on November 22, 1943.
- Lebanon is a member of the League of Arab States, which was founded on March 22, 1945.

## FAQs

**What is the Lebanese pound?**
The Lebanese pound is the official currency of Lebanon, a country in West Asia. It is denoted by the code LBP and has been in use since 1939.

**What is the Lebanese pound also known as?**
The Lebanese pound is also referred to as "1000 lira."

**When was Lebanon established?**
Lebanon, where the Lebanese pound is used, was established on November 22, 1943.

**What is the League of Arab States?**
The League of Arab States is an organization of Arab states, of which Lebanon is a member. It was founded on March 22, 1945.

## Why It Matters
The Lebanese pound plays a crucial role in the economy of Lebanon, facilitating trade and commerce within the country and with other nations. As the official currency, it is essential for daily transactions and economic stability in Lebanon. Additionally, Lebanon's membership in the League of Arab States highlights the regional significance and cooperation among Arab nations, which can impact economic policies and trade agreements involving the Lebanese pound.

## Notable For
- Being the official currency of Lebanon.
- Being classified as a type of pound, a currency used in several nations.
- Having the currency code LBP.
- Being referred to as "1000 lira."
- Being in use since 1939.

## Body

### Overview
The Lebanese pound is the official currency of Lebanon, a country located in West Asia. It is classified as a type of pound, which is a currency used in several nations. The Lebanese pound is denoted by the code LBP and is also referred to as "1000 lira." It has been in use since 1939.

### History
Lebanon, where the Lebanese pound is used, was established on November 22, 1943. The country is a member of the League of Arab States, an organization of Arab states founded on March 22, 1945. This membership highlights the regional significance and cooperation among Arab nations, which can impact economic policies and trade agreements involving the Lebanese pound.

### Currency Details
The Lebanese pound is classified as a currency, which is a generally accepted medium of exchange for goods or services. It is part of a broader category of currencies known as pounds, which are used in several nations. The Lebanese pound is denoted by the code LBP and is also referred to as "1000 lira."

### Related Entities
The Lebanese pound is closely associated with Lebanon, the country where it is the official currency. Lebanon is a member of the League of Arab States, an organization that plays a significant role in regional cooperation and economic policies. The League of Arab States was founded on March 22, 1945, and has its headquarters in Cairo, Egypt.

### Significance
The Lebanese pound is essential for the economy of Lebanon, facilitating trade and commerce within the country and with other nations. As the official currency, it is crucial for daily transactions and economic stability. The regional cooperation facilitated by the League of Arab States can impact economic policies and trade agreements involving the Lebanese pound, further emphasizing its significance.

## References

1. Freebase Data Dumps. 2013
2. BBC Things
3. BabelNet