Lebanon-25-Livres-1983

Lebanon 25 Livres 1983

01 Mar 2019  Fri

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 girshas through to 100 pounds. In 1939, the bank's name was changed to the Bank of Syria and Lebanon.

The note depicted beside is 25 Livres/Pound banknote of 1983. The obverse has a Sea castle at Saida (Sidon) built by the Crusaders in 1228 A.D. the reverse depicts a Gothic Castle in a valley near Batroun (Musaylaha Castle) also known as Mseilha Crusader Fortress; Msailha Citadel, Shikka; Puy du Connetable.

Image Courtesy: PicClick.com

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