Historic Jamaican Dollar Libyan dinar

Jamaican Dollar libyan dinar history for August 2023. The highest quote for this month is 0.031575 (24/08/2023) and the lowest 0.031431 (30/08/2023). The difference between high and low is 0.46.

JMD LYD average rate for August 2023 is 0.03128, the change between 01/08/2023 and 31/08/2023 is -1.04 %.

01 August 20231 JMD = 0.0311 LYD
02 August 20231 JMD = 0.0312 LYD
03 August 20231 JMD = 0.0309 LYD
04 August 20231 JMD = 0.0312 LYD
07 August 20231 JMD = 0.0312 LYD
08 August 20231 JMD = 0.0312 LYD
09 August 20231 JMD = 0.0312 LYD
10 August 20231 JMD = 0.0312 LYD
11 August 20231 JMD = 0.0312 LYD
12 August 20231 JMD = 0.0312 LYD
14 August 20231 JMD = 0.0312 LYD
15 August 20231 JMD = 0.0313 LYD
16 August 20231 JMD = 0.0314 LYD
17 August 20231 JMD = 0.0313 LYD
18 August 20231 JMD = 0.0313 LYD
19 August 20231 JMD = 0.0314 LYD
20 August 20231 JMD = 0.0314 LYD
21 August 20231 JMD = 0.0314 LYD
22 August 20231 JMD = 0.0315 LYD
23 August 20231 JMD = 0.0314 LYD
24 August 20231 JMD = 0.0314 LYD
25 August 20231 JMD = 0.0315 LYD
28 August 20231 JMD = 0.0313 LYD
29 August 20231 JMD = 0.0313 LYD
30 August 20231 JMD = 0.0314 LYD
31 August 20231 JMD = 0.0314 LYD

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.

16/03/2015: Bank of Jamaica Act

The Bank of Jamaica Act was passed, granting the central bank greater autonomy in executing monetary policy and promoting financial stability.

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.

12/02/2013: Currency devaluation

To stabilize the economy, the Jamaican Dollar was devalued by approximately 16.5% against major currencies.

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.

28/11/2010: IMF agreement

Jamaica reached an agreement with the International Monetary Fund (IMF) for a financial support program to address economic challenges.

30/04/1994: Foreign exchange liberalization

Jamaica lifted restrictions on foreign exchange, allowing for more flexible trade and investment opportunities.

25/03/1991: JMD devaluation

Due to economic pressures, the Jamaican Dollar was devalued by 33.3%, leading to an increase in the exchange rate.

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.

05/08/1971: Currency decimalization

Jamaica decimalized its currency, dividing the Jamaican Dollar into 100 cents instead of 20 shillings.

07/02/1969: Jamaican Dollar introduced

The Jamaican Dollar (JMD) was introduced as the official currency of Jamaica, replacing the Jamaican pound.

24/12/1951: Independence of Libya

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