Historic Libyan dinar Cuban peso

Libyan dinar cuban peso history for September 2023. The highest quote for this month is 5.0061 (04/09/2023) and the lowest 5.0074 (01/09/2023). The difference between high and low is -0.03.

LYD CUP average rate for September 2023 is 4.96233, the change between 01/09/2023 and 30/09/2023 is +1.52 %.

01 September 20231 LYD = 4.997 CUP
04 September 20231 LYD = 5.01 CUP
05 September 20231 LYD = 5.01 CUP
06 September 20231 LYD = 5.01 CUP
07 September 20231 LYD = 4.970 CUP
08 September 20231 LYD = 4.952 CUP
11 September 20231 LYD = 4.966 CUP
12 September 20231 LYD = 4.966 CUP
13 September 20231 LYD = 4.985 CUP
14 September 20231 LYD = 4.985 CUP
15 September 20231 LYD = 4.973 CUP
18 September 20231 LYD = 4.973 CUP
19 September 20231 LYD = 4.952 CUP
20 September 20231 LYD = 4.943 CUP
21 September 20231 LYD = 4.955 CUP
22 September 20231 LYD = 4.966 CUP
23 September 20231 LYD = 4.937 CUP
24 September 20231 LYD = 4.937 CUP
25 September 20231 LYD = 4.948 CUP
26 September 20231 LYD = 4.940 CUP
27 September 20231 LYD = 4.932 CUP
28 September 20231 LYD = 4.948 CUP
29 September 20231 LYD = 4.933 CUP
30 September 20231 LYD = 4.921 CUP

01/01/2021: End of Monetary Dualism

The Cuban government completed the currency unification process, eliminating the convertible peso (CUC) and establishing a single currency system with the Cuban peso (CUP).

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.

20/12/2013: Currency Unification Implementation

The Cuban government officially started the process of currency unification, gradually phasing out the convertible peso (CUC) and improving monetary policy.

25/10/2011: Currency Unification Announced

The Cuban government announced plans to eliminate the dual currency system and unify the CUP and CUC.

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.

08/12/2004: Elimination of US Dollar Circulation

The Cuban government announced the withdrawal of the US dollar as legal tender and introduced the convertible peso (CUC) as a replacement.

07/12/1994: Dollarization Decree

Cubans were allowed to hold and transact in foreign currencies, primarily the US dollar, to counter the economic crisis.

01/08/1994: Special Period

The Cuban economy faced a severe crisis due to the collapse of the Soviet Union, leading to currency devaluation and economic reforms.

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.

01/01/1961: Nationalization of Banks

The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.

24/12/1951: Independence of Libya

Libya gains independence from Italy, introducing the Libyan pound as its currency.
LYD CUP July 2023
LYD CUP August 2023
LYD CUP September 2023
LYD CUP October 2023
LYD CUP November 2023
LYD CUP December 2023
LYD CUP January 2024
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