Historic Libyan dinar Pound sterling

Libyan dinar pound sterling history for October 2023. The highest quote for this month is 0.17047 (26/10/2023) and the lowest 0.17 (26/10/2023). The difference between high and low is 0.28.

LYD GBP average rate for October 2023 is 0.16875, the change between 01/10/2023 and 31/10/2023 is -0.37 %.

01 October 20231 LYD = 0.1682 GBP
02 October 20231 LYD = 0.1684 GBP
03 October 20231 LYD = 0.1698 GBP
04 October 20231 LYD = 0.1693 GBP
05 October 20231 LYD = 0.1685 GBP
06 October 20231 LYD = 0.1686 GBP
09 October 20231 LYD = 0.1688 GBP
10 October 20231 LYD = 0.1679 GBP
11 October 20231 LYD = 0.1674 GBP
12 October 20231 LYD = 0.1674 GBP
13 October 20231 LYD = 0.1689 GBP
16 October 20231 LYD = 0.1697 GBP
17 October 20231 LYD = 0.1678 GBP
18 October 20231 LYD = 0.1686 GBP
19 October 20231 LYD = 0.1692 GBP
20 October 20231 LYD = 0.1692 GBP
22 October 20231 LYD = 0.1683 GBP
23 October 20231 LYD = 0.1691 GBP
24 October 20231 LYD = 0.1673 GBP
25 October 20231 LYD = 0.1695 GBP
26 October 20231 LYD = 0.1700 GBP
27 October 20231 LYD = 0.1695 GBP
29 October 20231 LYD = 0.1686 GBP
30 October 20231 LYD = 0.1699 GBP
31 October 20231 LYD = 0.1688 GBP

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.

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

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.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

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.

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

24/12/1951: Independence of Libya

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

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.