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Lebanon
Livre; Piastre
The Lebanese pound is the currency unit of Lebanon. It is divided
into 100 qirsh
After the
fall of the Ottoman Empire, the currency became the Egyptian pound
replaced later by the Frenchs with a new currency for Syria and Lebanon, the Syrian
pound, which was linked to the French franc. Lebanon issued banknotes from 1925
and in the thirties the Lebanese currency was officially separated from that of
Syria, though it was still linked to the French franc. In the forties following France's defeat by
Nazi Germany, the currency was linked instead to the British pound
but A link
to the French franc was restored after the war but was abandoned in
1949.
Lebanon's first banknotes were issued by the
Bank of Syria and Greater Lebanon in 1925 in Denominations from 25 girsha through to 100 pounds. In
the thirties the bank's name was changed to the Bank of Syria and
Lebanon and the first
250 pound notes were issued.. Followed by "small change" paper money in denominations of 5, 10,
25 and 50 girsh or qirsh After 1945, the notes were denominated specifically in
"Lebanese pounds" and notes for 1, 5, 10, 25, 50 and 100 pounds were
issued. In the sixties the Bank of Lebanon took over banknote production.and
a 250 pound note reappeared in
the seventies, followed by higher denominations in the 1980s and 1990s Banknotes in current
use are 1,000 , 5,000, 10,000, 20,000 , 50,000 and
100,000 pounds
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