Currency Exchange in Lebanon: Rates, Spreads, and Safety

Lebanon's economy operates partly in cash, partly in card, and substantially in foreign currency. A licensed exchange house — categorised by Banque du Liban into Class A and Class B — is the formal channel for converting cash between currencies.

Choosing a money changer

• Look for a Banque du Liban licence displayed visibly.
• Established shops in Hamra, Achrafieh, Dora, Jounieh, Tripoli, and Zahle tend to offer competitive rates.
• Avoid street offers significantly above the market — common scam vector.

Rates and spreads

• The buy/sell spread is how exchange houses make money — narrower spreads usually mean fairness.
• Larger amounts often get better rates; ask if you're changing several thousand USD.
• Check today's parallel-market reference rate (widely shared on apps and social media) before agreeing.

Safety tips

• Count cash in front of the cashier and verify it again in a safe spot.
• Inspect notes for tears, marks, and authenticity — many shops have UV lights and you can ask.
• Don't carry large sums on the street; ride-hail or split transactions if needed.
• Get a receipt for every exchange, especially for amounts above modest thresholds.