Today’s Lebanese Lira/US Dollar Exchange Rate: May 15th, 2021

Today’s Lebanese Lira/US Dollar Exchange Rate: May 15th, 2021

As of Saturday, black market traders in Lebanon are selling the US Dollar for 12,725 LBP and buying it for 12,775 LBP. The current official rate still stands at $1 = 1,500 L.L. and the bank rate at $1 = 3,900 L.L. Lebanon is currently experiencing hyperinflation as a result of an ongoing economic crisis since the end of 2019. The Lebanese lira has been drastically falling against the previously fixed US dollar rate of $1 = 1,500 L.L. This […]

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As of Saturday, black market traders in Lebanon are selling the US Dollar for 12,725 LBP and buying it for 12,775 LBP. The current official rate still stands at $1 = 1,500 L.L. and the bank rate at $1 = 3,900 L.L. Lebanon is currently experiencing hyperinflation as a result of an ongoing economic crisis since the end of 2019. The Lebanese lira has been drastically falling against the previously fixed US dollar rate of $1 = 1,500 L.L. This […]