Convert Lebanese Pound to Armenian Dram
Convert Lebanese Pound (LBP) to Armenian Dram (AMD) using daily updated exchange rates.
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Exchange Rate
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About Lebanese Pound
The Lebanese Pound (LBP) has been in a state of severe crisis since 2019, when Lebanon entered its worst economic collapse since the civil war. The pound lost over 95% of its value as the banking system froze dollar deposits, the government defaulted on its debt, and rampant money printing fuelled hyperinflation. Formally introduced in 1939 and once pegged at 1,507 LBP per USD for decades (providing artificial stability), the multiple exchange rates and loss of the peg created a chaotic monetary situation. The Banque du Liban manages the currency.
About Armenian Dram
The Armenian Dram (AMD) became the official currency of Armenia in November 1993, replacing the Soviet ruble following the country's independence from the USSR in 1991. Its name derives from the historic silver coin used in medieval Armenia. The Central Bank of Armenia oversees monetary policy and issues dram banknotes and coins. Armenia's economy is heavily influenced by remittances from the Armenian diaspora and exports of diamonds, minerals, and brandy. The dram is divided into 100 luma, though luma coins are no longer in circulation due to low purchasing power.
Quick Reference Table
| Lebanese Pound (LBP) | Armenian Dram (AMD) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).