Historic Libyan dinar Malaysian ringgit

Libyan dinar malaysian ringgit history for January 2024. The highest quote for this month is 0.9882 (24/01/2024) and the lowest 0.9873 (23/01/2024). The difference between high and low is 0.09.

LYD MYR average rate for January 2024 is 0.97681, the change between 01/01/2024 and 31/01/2024 is -1.54 %.

01 January 20241 LYD = 0.9675 MYR
02 January 20241 LYD = 0.9666 MYR
03 January 20241 LYD = 0.9686 MYR
04 January 20241 LYD = 0.9686 MYR
05 January 20241 LYD = 0.9692 MYR
06 January 20241 LYD = 0.9713 MYR
07 January 20241 LYD = 0.9700 MYR
08 January 20241 LYD = 0.9773 MYR
09 January 20241 LYD = 0.9726 MYR
10 January 20241 LYD = 0.9732 MYR
11 January 20241 LYD = 0.9730 MYR
12 January 20241 LYD = 0.9735 MYR
14 January 20241 LYD = 0.9700 MYR
15 January 20241 LYD = 0.9757 MYR
16 January 20241 LYD = 0.9790 MYR
17 January 20241 LYD = 0.9695 MYR
18 January 20241 LYD = 0.9823 MYR
19 January 20241 LYD = 0.9823 MYR
22 January 20241 LYD = 0.9849 MYR
23 January 20241 LYD = 0.9842 MYR
24 January 20241 LYD = 0.9862 MYR
25 January 20241 LYD = 0.9847 MYR
26 January 20241 LYD = 0.9873 MYR
28 January 20241 LYD = 0.9822 MYR
29 January 20241 LYD = 0.9859 MYR
30 January 20241 LYD = 0.9858 MYR
31 January 20241 LYD = 0.9824 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.
LYD MYR July 2023
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