Convert Lebanese Pound to Tanzanian Shilling
Convert Lebanese Pound (LBP) to Tanzanian Shilling (TZS) 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 Tanzanian Shilling
The Tanzanian Shilling (TZS) has been the official currency of Tanzania since 1966, replacing the East African shilling. The Bank of Tanzania manages monetary policy. Tanzania is one of Africa's largest and fastest growing economies, with significant revenues from tourism (safari - Serengeti, Ngorongoro Crater; Kilimanjaro; Zanzibar), gold mining, coffee, tea, cotton, and increasingly extractable natural gas reserves. The country hosts the Serengeti, one of the world's greatest wildlife spectacles, and is home to Mount Kilimanjaro, Africa's highest peak.
Quick Reference Table
| Lebanese Pound (LBP) | Tanzanian Shilling (TZS) |
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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).