If you are wondering which Mediterranean country has the "Livre" as its basic unit of currency, the answer is Lebanon. The Lebanese Livre was the currency of Lebanon until 1939 when it was replaced by the Lebanese Pound. Lebanon is a small yet vibrant country located on the eastern shore of the Mediterranean Sea. It is known for its rich history, stunning landscapes, and delicious cuisine. The country has faced its fair share of challenges in recent years, but its resilient people continue to persevere. The Lebanese Livre was introduced in 1924 and was pegged to the French Franc at a rate of 1 Livre = 20 Francs. The currency was used in Lebanon during the French mandate period, which lasted from 1920 to 1943. After Lebanon gained its independence in 1943, the Lebanese Pound was introduced as the official currency. Today, the Lebanese Pound is the official currency of Lebanon, with the symbol "£" and the ISO code LBP. The Lebanese economy has faced significant challenges in recent years, including political instability, high levels of public debt, and a deteriorating exchange rate. These factors have led to a severe economic crisis, with hyperinflation and widespread poverty affecting the country. Despite these challenges, Lebanon remains a beautiful and culturally rich country with much to offer visitors. From the bustling streets of Beirut to the ancient ruins of Baalbek, there is no shortage of sights to see and experiences to be had in Lebanon. If you are interested in learning more about Lebanon, its history, culture, and current economic situation, there are many resources available online. Websites such as the official Lebanese government website (www.lebanon.gov.lb) and the Central Bank of Lebanon (www.bdl.gov.lb) provide valuable information and updates on the country's economy and financial system. In conclusion, Lebanon is the Mediterranean country that had the "Livre" as its basic unit of currency. While the Lebanese Livre is no longer in use, it is an important part of the country's history and heritage. Whether you are interested in exploring Lebanon's past or learning more about its present-day challenges, there is much to discover about this fascinating country.

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