Convert Lebanese Pound to Malaysian Ringgit
Convert Lebanese Pound (LBP) to Malaysian Ringgit (MYR) using daily updated exchange rates.
Loading exchange rates...
Exchange Rate
Exchange rates are updated daily.
Loading current rate...
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 Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia. The word "ringgit" means "jagged" in Malay, describing the milled or serrated edges of old Spanish silver dollars that once circulated in the region. Bank Negara Malaysia manages monetary policy. Malaysia has one of Southeast Asia's most diversified and developed economies, with major exports including electronics, petroleum products, palm oil, rubber, and liquefied natural gas. Malaysia is the world's second largest producer of palm oil.
Quick Reference Table
| Lebanese Pound (LBP) | Malaysian Ringgit (MYR) |
|---|---|
| Loading rates... | |
Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).