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5 – Lebanon Pound
The Lebanese pound (Arabic: ليرة لبنانية līra Libnāniyya; French: livre libanaise; sign: LL in Latin, ل.ل. in Arabic, ISO 4217: LBP) is the currency of Lebanon. It was formerly divided into 100 piastres (or qirsh) but because of high inflation during the Lebanese Civil War (1975–1990) the use of subdivisions was discontinued.
Until World War I, the Ottoman lira was the currency used in the area. In 1918, after the fall of the Ottoman Empire, the Egyptian pound was used. Upon gaining control of Syria and Lebanon, the French replaced the Egyptian pound with a new currency for Syria and Lebanon.
Lebanon issued its own coins from 1924 and banknotes from 1925. In 1939, the Lebanese currency was officially separated from that of Syria, though it was still linked to the French franc and remained interchangeable with Syrian money.
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