Historic Libyan dinar Malaysian ringgit

Libyan dinar malaysian ringgit history for February 2024. The highest quote for this month is 0.9974 (22/02/2024) and the lowest 0.9964 (21/02/2024). The difference between high and low is 0.1.

LYD MYR average rate for February 2024 is 0.98895, the change between 01/02/2024 and 29/02/2024 is -0.91 %.

01 February 20241 LYD = 0.9848 MYR
02 February 20241 LYD = 0.9866 MYR
03 February 20241 LYD = 0.9790 MYR
04 February 20241 LYD = 0.9777 MYR
05 February 20241 LYD = 0.9732 MYR
06 February 20241 LYD = 0.9881 MYR
07 February 20241 LYD = 0.9944 MYR
08 February 20241 LYD = 0.9873 MYR
09 February 20241 LYD = 0.9881 MYR
12 February 20241 LYD = 0.9914 MYR
13 February 20241 LYD = 0.9901 MYR
14 February 20241 LYD = 0.9884 MYR
15 February 20241 LYD = 0.9903 MYR
16 February 20241 LYD = 0.9892 MYR
17 February 20241 LYD = 0.9877 MYR
18 February 20241 LYD = 0.9877 MYR
19 February 20241 LYD = 0.9909 MYR
20 February 20241 LYD = 0.9943 MYR
21 February 20241 LYD = 0.9951 MYR
22 February 20241 LYD = 0.9943 MYR
23 February 20241 LYD = 0.9927 MYR
24 February 20241 LYD = 0.9908 MYR
25 February 20241 LYD = 0.9908 MYR
26 February 20241 LYD = 0.9947 MYR
27 February 20241 LYD = 0.9907 MYR
28 February 20241 LYD = 0.9896 MYR
29 February 20241 LYD = 0.9938 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.
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