What is the lollar rate today in Lebanon?
On this page
Short answer
We cannot give you one. A lollar is a dollar held in a pre-crisis Lebanese bank account, and no current official withdrawal rate could be confirmed as of October 2026[1]. In October 2023 AGBI reported that withdrawal haircuts had reached about 80% at the peak. Ask your own bank for its current rate and fees in writing.
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This page gives no lollar rate. As of 17 October 2026 we could not read a current official rate or withdrawal rule, and the figures below date from 2023.
Key facts
- What a lollar is
- A dollar in a pre-crisis Lebanese bank account[1]
- Haircut at its peak (AGBI, October 2023)
- about 80% at the peak[1]
- Fee rule reported in 2023
- Circular 679[1] of the Banque du Liban
- Is that circular still in force?
- Not confirmed for 2026[1]
- Current official lollar rate
- Not found in any source we could read (October 2026)[1]
- Fresh dollars, by contrast
- Cash or a transfer from a bank outside Lebanon, according to one broker[2]
What "lollar" means
People in Lebanon say "lollar" for dollars deposited in Lebanese banks before the crisis that can no longer be withdrawn freely at face value[1]. The opposite is the "fresh dollar". JSK Real Estate, a broker, uses that term for payment in cash banknotes or by bank-to-bank transfer outside Lebanon[2]. AGBI reported that lollar withdrawals were often paid at a haircut, so in practice a lollar has not been worth a fresh dollar. More on the other side in what fresh dollars means.
What was reported about lollar withdrawals
According to AGBI in October 2023, holders of pre-crisis dollar accounts had been allowed to withdraw only small amounts since 2021, often at a haircut that cut about 80% of the face value at its peak[1]. That figure is from 2023 and describes the worst point.
The same report describes Banque du Liban Circular 679. It bars banks from charging commissions introduced after 31 October 2019 on dollar deposits made before 3 September 2019, and requires banks to post their fee methods visibly in branches[1]. We could not read the circular itself, and we could not confirm that it still applies in 2026.
Why there is no single "rate today"
The Banque du Liban's current decisions on lollar withdrawals could not be read when we checked in October 2026, so we cannot publish a rate, a monthly limit or a fee[1]. Withdrawal terms may be set by those decisions and applied by your bank. The terms may also differ for a cash withdrawal, a transfer or a bank cheque, so ask your bank about each, and ask for the figure it applies to your account on a given date. For the withdrawal side, see how much you can withdraw each month.
Lollars and buying property
JSK Real Estate said in January 2023 that many sales in 2020 and 2021 were closed with bankers' cheques drawn on trapped deposits, and that in 2022 the vast majority were paid in real dollars[2]. For 2025, the president of the brokers' group R.E.A.L told The Beiruter (January 2026) that buying was concentrated among Lebanese expatriates, some local investors and cash holders. In October 2026, Libnanews said that buyers with fresh dollars can still buy while those tied to old deposits cannot[3,4]. No 2026 source says whether sellers accept lollars or cheques today. Read paying in lollars or fresh dollars and buying with a bank cheque before you offer either.
How to find out what your lollars are worth
- Ask your bank for its current terms in writing. Write to the branch that holds your account and give your full name and account number. Ask what you would receive per lollar for a cash withdrawal, a transfer and a cheque, and from which date. If you are abroad, ask the bank how it accepts written requests from non-resident clients.
- Ask for the fee schedule. In 2023, AGBI reported that Circular 679 required banks to post their fee methods visibly in branches[1]. Nobody has confirmed that this rule still applies, so ask for the schedule either way and keep a copy.
- Check which balances count as pre-crisis. The fee rule AGBI described covers dollar deposits made before 3 September 2019[1]. Ask the bank how it classifies each of your balances.
- Get the seller's answer in writing before a purchase. If you hope to pay with lollars or a bank cheque, ask the seller in writing whether they accept it and at what value, before you sign anything.
It depends on
- Your bank. Only your bank can tell you the terms and fees it applies to your account today. The Banque du Liban rules behind them could not be read (October 2026)[1].
- When the money was deposited. The fee rule reported in 2023 turns on deposits made before 3 September 2019[1]. Ask your bank how it dates your balance.
- What you do with the money. A withdrawal, a transfer and a cheque may be treated differently. Ask for the terms of each one separately.
- The seller. Whether a seller takes lollars or a cheque, and at what discount, is a private agreement that no source tracks for 2026. Ask the seller, and read about using a trapped deposit to buy property.
Common questions
Is there an official lollar exchange rate?
We could not find a current official rate in any source we could read as of October 2026[1]. Ask your bank for the rate it applies to your account, in writing and with a date.
How much did lollars lose in value?
AGBI reported in October 2023 that withdrawal haircuts reached about 80% at the peak[1]. That figure dates from 2023.
Can I buy property in Lebanon with lollars?
According to JSK Real Estate, many sales in 2020 and 2021 were paid with bankers' cheques on trapped deposits, while most sales in 2022 were paid in real dollars[2]. No 2026 source says whether sellers accept lollars today, so ask the seller in writing before you sign.
Sources
Checked against these sources. The numbers in the text point here.
- 1.Lebanon's new bank rules offer 'lollar' accounts respite
AGBI (Arabian Gulf Business Insight) · 5 Oct 2023 · read 17 Oct 2026
- 2.Payment methods for real estate transactions in Lebanon: a complex formula
JSK Real Estate · 21 Jan 2023 · read 17 Oct 2026
- 3.When Lebanon's real estate mirror speaks
The Beiruter · 1 Jan 2026 · read 17 Oct 2026
- 4.Real estate in Lebanon: sales dive, prices resist… the paradox of a market that has become inaccessible
Libnanews · 1 Oct 2026 · read 17 Oct 2026
Related questions
- Can I pay for a property in Lebanon in lollars, or only in fresh dollars?It depends on the seller; 2025-26 buying was concentrated among expatriates and cash holders. Fresh dollars, lollars, cheques, cash rules and BDH loans.
- What does 'fresh dollars' mean in Lebanon?Fresh dollars usually means US cash or transfers from outside Lebanon, as opposed to 'lollars'. What it means for buying property and BDH loans.
- How much can I withdraw each month from my Lebanese dollar account?We could not confirm the current monthly limit on Lebanese dollar accounts. What is known about lollar haircuts, fees, fresh dollars and how to ask your bank.
- Can I buy an apartment in Lebanon with a bank cheque, and what discount do sellers apply?Only if the seller agrees. No checkable 2026 figure for cheque discounts. What is known about bankers' cheques, lollars and paying safely.
- Can I use my trapped bank deposit to settle a loan or buy property in Lebanon?No published rule lets you pay with a trapped deposit; it depends on the seller and your bank. How cheques were used, what changed and what to check.
- What is the best way to send money to Lebanon to pay for a property?No single best way: apps cap at USD 5,000 to 9,900 a transfer, bank wire terms are unpublished, cash over USD 15,000 must be declared. What to check.
