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The sheqel has been a freely convertible currency since January 1, 2003. The currency is not produced in Israel, as the country has no mint. Instead banknotes are imported by air and coins by sea.
The Lebanese pound (lira in Arabic, ليرة, or livre in French) is the currency unit of Lebanon. It is divided into 100 qirsh (Arabic, قرش) or piastres French but inflation has eliminated the subdivisions.Before the war of 1975-1990, 1 U.S. dollar was worth 3 pounds. It is now pegged at 1 U.S. Dollar = 1507.5 LBP.
1 ILS = 405.3409 LBP
Israeli SheqelLebanese Pound
