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For a more exhaustive discussion of countries using the U.S. dollar as official or customary currency, or using currencies which are pegged to the U.S. dollar, see International use of the U.S. dollar#Dollarization and fixed exchange rates and Currency substitution#US dollar. Countries using the U.S. dollar as their official currency include:
From December 1997 through January 2023, the exchange rate was fixed at LL 1,507.50 per US dollar. [4] Since Lebanon's financial crisis of 2019 it became effectively obsolete. The official rate was increased by a multiple of 9.95 on 1 February 2023 as per decision of the central bank to reach LL 15,000 per USD.