Historic Libyan dinar Danish Krone

Libyan dinar danish krone history for February 2024. The highest quote for this month is 1.4471 (13/02/2024) and the lowest 1.4439 (07/02/2024). The difference between high and low is 0.22.

LYD DKK average rate for February 2024 is 1.43417, the change between 01/02/2024 and 29/02/2024 is +0.26 %.

01 February 20241 LYD = 1.438 DKK
02 February 20241 LYD = 1.431 DKK
03 February 20241 LYD = 1.434 DKK
04 February 20241 LYD = 1.432 DKK
05 February 20241 LYD = 1.427 DKK
06 February 20241 LYD = 1.445 DKK
07 February 20241 LYD = 1.448 DKK
08 February 20241 LYD = 1.436 DKK
09 February 20241 LYD = 1.434 DKK
12 February 20241 LYD = 1.437 DKK
13 February 20241 LYD = 1.439 DKK
14 February 20241 LYD = 1.444 DKK
15 February 20241 LYD = 1.438 DKK
16 February 20241 LYD = 1.433 DKK
17 February 20241 LYD = 1.430 DKK
18 February 20241 LYD = 1.430 DKK
19 February 20241 LYD = 1.434 DKK
20 February 20241 LYD = 1.438 DKK
21 February 20241 LYD = 1.431 DKK
22 February 20241 LYD = 1.429 DKK
23 February 20241 LYD = 1.432 DKK
25 February 20241 LYD = 1.428 DKK
26 February 20241 LYD = 1.436 DKK
27 February 20241 LYD = 1.425 DKK
28 February 20241 LYD = 1.429 DKK
29 February 20241 LYD = 1.434 DKK

04/02/2021: Ending of Intervention Policy

Denmark's central bank announced the end of its long-standing policy of defending the Krone's peg to the Euro.

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.

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.

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

31/12/1998: Euro peg

Denmark joined the European Exchange Rate Mechanism (ERM II), pegging the Krone to the Euro with a narrow fluctuation band.

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.

24/03/1982: Floating Exchange Rate

Denmark switched to a floating exchange rate regime, allowing the Krone's value to be determined by market forces.

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.

24/12/1951: Independence of Libya

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

21/07/1944: Bretton Woods Agreement

Denmark became a member of the International Monetary Fund (IMF) and agreed to the Bretton Woods system, pegging the Krone to the US dollar.

10/09/1927: Return to Gold Standard

Denmark abandoned the gold standard due to economic pressures and public debt.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.
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