Historic Libyan dinar Malaysian ringgit

Libyan dinar malaysian ringgit history for November 2023. The highest quote for this month is 0.9826 (01/11/2023) and the lowest 0.9814 (02/11/2023). The difference between high and low is 0.12.

LYD MYR average rate for November 2023 is 0.97189, the change between 01/11/2023 and 30/11/2023 is +0.03 %.

01 November 20231 LYD = 0.9774 MYR
02 November 20231 LYD = 0.9813 MYR
03 November 20231 LYD = 0.9773 MYR
06 November 20231 LYD = 0.9804 MYR
07 November 20231 LYD = 0.9592 MYR
08 November 20231 LYD = 0.9592 MYR
09 November 20231 LYD = 0.9613 MYR
10 November 20231 LYD = 0.9670 MYR
12 November 20231 LYD = 0.9688 MYR
13 November 20231 LYD = 0.9723 MYR
14 November 20231 LYD = 0.9683 MYR
15 November 20231 LYD = 0.9727 MYR
16 November 20231 LYD = 0.9609 MYR
17 November 20231 LYD = 0.9709 MYR
18 November 20231 LYD = 0.9677 MYR
19 November 20231 LYD = 0.9677 MYR
20 November 20231 LYD = 0.9741 MYR
21 November 20231 LYD = 0.9714 MYR
22 November 20231 LYD = 0.9708 MYR
23 November 20231 LYD = 0.9783 MYR
24 November 20231 LYD = 0.9753 MYR
26 November 20231 LYD = 0.9743 MYR
27 November 20231 LYD = 0.9809 MYR
28 November 20231 LYD = 0.9754 MYR
29 November 20231 LYD = 0.9791 MYR
30 November 20231 LYD = 0.9771 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.