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Lebanon » Money

Currency

Lebanese Pound (LBP; symbol L£) = 100 piastres. Notes are in denominations of L£100,000, 50,000, 20,000, 10,000, 5,000, 1,000, 500, 250, 100, 50, 25, 10, 5 and 1. Coins are in denominations of L£500, 250, 100 and 50.

Currency Exchange

There are a large number of banks in Beirut where international currencies can be exchanged. Numerous licensed exchange shops also operate and some hotels offer exchange services. US Dollars are best and do not need to be exchanged as they are accepted even in small shops.

Credit/Debit Cards and ATMs

All major credit cards are widely accepted. ATMs are widely available in Beirut and larger cities.

Traveller's Cheques

Limited acceptance, as major banks only accept certain types of travellers cheques. Traveller's cheques also require up to two weeks to clear and are therefore generally not recommended and exchange can often be problematic.

Currency Restrictions

There are no restrictions on the import or export of local or foreign currency.

Banking Hours

Mon-Fri 0830-1600, Sat 0800-1300.

Exchange Rate Indicators

1.00 GBP = 2427.07 LBP
1.00 USD = 1506 LBP
1.00 EUR = 1980.02 LBP
Currency conversion rates as of 24 April 2012

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Information in this section was last updated: Wed May 23 2012