Libyan dinar malaysian ringgit exchange rate history (LYD MYR) August 2023

Libyan dinar malaysian ringgit history for August 2023. The highest quote for this month is 0.9706 (28/08/2023) and the lowest 0.9753 (24/08/2023). The difference between high and low is -0.48.

LYD MYR average rate for August 2023 is 0.96217, the change between 01/08/2023 and 31/08/2023 is -1.36 %.

01 August 2023	1 LYD = 0.9513 MYR
02 August 2023	1 LYD = 0.9475 MYR
03 August 2023	1 LYD = 0.9557 MYR
04 August 2023	1 LYD = 0.9521 MYR
07 August 2023	1 LYD = 0.9597 MYR
08 August 2023	1 LYD = 0.9549 MYR
09 August 2023	1 LYD = 0.9613 MYR
10 August 2023	1 LYD = 0.9589 MYR
11 August 2023	1 LYD = 0.9584 MYR
12 August 2023	1 LYD = 0.9583 MYR
14 August 2023	1 LYD = 0.9578 MYR
15 August 2023	1 LYD = 0.9639 MYR
16 August 2023	1 LYD = 0.9652 MYR
17 August 2023	1 LYD = 0.9640 MYR
18 August 2023	1 LYD = 0.9688 MYR
19 August 2023	1 LYD = 0.9653 MYR
20 August 2023	1 LYD = 0.9653 MYR
21 August 2023	1 LYD = 0.9710 MYR
22 August 2023	1 LYD = 0.9660 MYR
23 August 2023	1 LYD = 0.9679 MYR
24 August 2023	1 LYD = 0.9679 MYR
25 August 2023	1 LYD = 0.9673 MYR
28 August 2023	1 LYD = 0.9670 MYR
29 August 2023	1 LYD = 0.9705 MYR
30 August 2023	1 LYD = 0.9662 MYR
31 August 2023	1 LYD = 0.9642 MYR

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

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.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

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.

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely based on market forces.

02/07/1997: Asian Financial Crisis

The Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

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.

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

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.

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

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.

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.

24/12/1951: Independence of Libya

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

Historic Libyan dinar Malaysian ringgit