Clarification: "Banque du Liban 1000" Is Not a Currency

There is no currency called "Banque du Liban 1000 money." The Banque du Liban (BDL) is the central bank of Lebanon. The official currency of Lebanon is the Lebanese Pound (LBP), also called the Livre Libanaise.

Key Facts

• ISO Code: LBP
• Symbol: ل.ل (Arabic) or LL / £L
• Subunit: 100 piastres (obsolete due to inflation)
• Banknotes: 1,000; 5,000; 10,000; 20,000; 50,000; 100,000 LBP
• Coins: Rarely used (25, 50, 100, 250, 500 LBP)

Critical Context (2019–Present Crisis)

• Official Peg: 1,507.5 LBP/USD (maintained since 1997)
• Market Rate (2024): ~85,000–95,000 LBP/USD (parallel market)
• "Sayrafa" Platform Rate: BDL-managed rate for specific transactions (~80,000+)
• 1,000 LBP Note: Once ~$0.66; now worth ~$0.01–0.012. Lowest denomination in circulation.

The "1000" on a note refers to the denomination (1,000 LBP), not a separate currency. Lebanon's financial crisis has decimated purchasing power; USD cash circulates widely ("dollarization"). For current exchange, check BDL circulars or reputable FX sources (not the official peg).