Gibraltar pound libyan dinar exchange rate history (GIP LYD) November 2023

Gibraltar pound libyan dinar history for November 2023. The highest quote for this month is 6.051 (29/11/2023) and the lowest 6.0573 (30/11/2023). The difference between high and low is -0.1.

GIP LYD average rate for November 2023 is 5.99675, the change between 01/11/2023 and 30/11/2023 is -2.17 %.

01 November 2023	1 GIP = 5.91 LYD
06 November 2023	1 GIP = 5.97 LYD
07 November 2023	1 GIP = 5.94 LYD
08 November 2023	1 GIP = 5.92 LYD
09 November 2023	1 GIP = 5.97 LYD
10 November 2023	1 GIP = 5.93 LYD
12 November 2023	1 GIP = 5.94 LYD
13 November 2023	1 GIP = 5.91 LYD
14 November 2023	1 GIP = 6.04 LYD
15 November 2023	1 GIP = 6.04 LYD
16 November 2023	1 GIP = 6.04 LYD
17 November 2023	1 GIP = 6.00 LYD
18 November 2023	1 GIP = 6.03 LYD
19 November 2023	1 GIP = 6.03 LYD
20 November 2023	1 GIP = 5.98 LYD
21 November 2023	1 GIP = 6.03 LYD
22 November 2023	1 GIP = 6.01 LYD
23 November 2023	1 GIP = 6.00 LYD
24 November 2023	1 GIP = 6.05 LYD
27 November 2023	1 GIP = 6.03 LYD
28 November 2023	1 GIP = 6.07 LYD
29 November 2023	1 GIP = 6.05 LYD
30 November 2023	1 GIP = 6.04 LYD

01/10/2022: Transition to digital currency

Gibraltar announced the introduction of a digital currency pegged 1:1 to the Gibraltar pound, making it one of the first jurisdictions to do so.

15/08/2019: Commencement of polymer £50 issuance

Polymer £50 banknotes were introduced, replacing the older paper £50 notes.

06/09/2018: Announcement of new dinar notes

The Central Bank of Libya announces the release of new dinar banknotes with enhanced security features to combat counterfeiting.

26/06/2018: New £100 banknote issued

A new £100 banknote featuring the image of Sir Joshua Hassan, first Chief Minister of Gibraltar, was issued.

28/07/2014: Recognition of rival governments

The Libyan Supreme Court recognizes two rival governments, further fragmenting the country and impacting the value of the dinar.

17/02/2011: Start of the Libyan Civil War

The Libyan Civil War begins, leading to political instability and further devaluation of the Libyan dinar.

06/11/1988: Introduction of polymer banknotes

Polymer banknotes were introduced in Gibraltar, enhancing durability and counterfeit resilience.

07/04/1986: US imposes economic sanctions

The United States imposes economic sanctions on Libya, severely impacting the value and stability of the Libyan dinar.

02/03/1978: Establishment of the Central Bank of Libya

The Central Bank of Libya is established, becoming the sole authority responsible for issuing and managing the Libyan dinar.

08/09/1971: Introduction of the Libyan dinar

The Libyan pound is replaced by the Libyan dinar, at a rate of 1 dinar = 1 pound.

15/02/1971: Currency tied to British pound

The Gibraltar pound became pegged to the British pound at a rate of 1:1, ensuring stability and ease of trade.

23/06/1969: Currency switch to decimalization

Gibraltar switched from the pound shilling pence system to a decimalized currency, with 100 pence equal to 1 pound.

24/12/1951: Independence of Libya

Libya gains independence from Italy, introducing the Libyan pound as its currency.

07/03/1927: Introduction of Gibraltar pound

The Gibraltar pound was first introduced as the official currency of Gibraltar, replacing the Spanish peseta.

Historic Gibraltar pound Libyan dinar