2019-10-03 Thu

Lebanon, officially known as the Lebanese Republic, is a country in Western Asia. It is bordered by Syria to the north and east and Israel to the south, while Cyprus is west across the Mediterranean Sea. Lebanon's economy follows a laissez-faire model.

The Lebanese pound (French: Livre Libanaise) the currency of Lebanon. It used to be divided into 100 Piastres (or Qirsh) but high inflation in the Lebanese Civil War has eliminated the subdivisions. Lebanon's first banknotes were issued by the Banque du Syrie et Grand-Liban (Bank of Syria and Greater Lebanon) in 1925. Denominations ran from 25 girsha through to 100 pounds. In 1939, the bank's name was changed to the Bank of Syria and Lebanon.

Today we are looking at a 1000 Livres banknotes issued in 2011. The note specifications are as follows:

The obverse depicts the Development of the alphabet and the Cedar of Lebanon (Cedrus libani) with the denominational value in centre; while the reverse too depicts a similar design. This predominantly Green note has the Cedar of Lebanon; Arabic "1000" in electrotype as it watermark.

Image Courtesy: Just World Banknotes