Historic Libyan dinar Australian dollar

Libyan dinar australian dollar history for October 2023. The highest quote for this month is 0.32808 (26/10/2023) and the lowest 0.32608 (20/10/2023). The difference between high and low is 0.61.

LYD AUD average rate for October 2023 is 0.32315, the change between 01/10/2023 and 31/10/2023 is -1.14 %.

01 October 20231 LYD = 0.3187 AUD
02 October 20231 LYD = 0.3190 AUD
03 October 20231 LYD = 0.3227 AUD
04 October 20231 LYD = 0.3241 AUD
05 October 20231 LYD = 0.3231 AUD
06 October 20231 LYD = 0.3225 AUD
07 October 20231 LYD = 0.3205 AUD
09 October 20231 LYD = 0.3238 AUD
10 October 20231 LYD = 0.3203 AUD
11 October 20231 LYD = 0.3198 AUD
12 October 20231 LYD = 0.3213 AUD
13 October 20231 LYD = 0.3257 AUD
16 October 20231 LYD = 0.3267 AUD
17 October 20231 LYD = 0.3233 AUD
18 October 20231 LYD = 0.3227 AUD
19 October 20231 LYD = 0.3245 AUD
20 October 20231 LYD = 0.3245 AUD
21 October 20231 LYD = 0.3239 AUD
22 October 20231 LYD = 0.3239 AUD
23 October 20231 LYD = 0.3255 AUD
24 October 20231 LYD = 0.3234 AUD
25 October 20231 LYD = 0.3241 AUD
26 October 20231 LYD = 0.3268 AUD
27 October 20231 LYD = 0.3248 AUD
28 October 20231 LYD = 0.3228 AUD
29 October 20231 LYD = 0.3228 AUD
30 October 20231 LYD = 0.3246 AUD
31 October 20231 LYD = 0.3223 AUD

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

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.

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.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

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.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

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.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

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.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

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.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

24/12/1951: Independence of Libya

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