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

Libyan dinar malaysian ringgit history for October 2023. The highest quote for this month is 0.9852 (26/10/2023) and the lowest 0.988 (24/10/2023). The difference between high and low is -0.28.

LYD MYR average rate for October 2023 is 0.9737, the change between 01/10/2023 and 31/10/2023 is -1.56 %.

01 October 2023	1 LYD = 0.9624 MYR
02 October 2023	1 LYD = 0.9635 MYR
03 October 2023	1 LYD = 0.9681 MYR
04 October 2023	1 LYD = 0.9656 MYR
05 October 2023	1 LYD = 0.9671 MYR
06 October 2023	1 LYD = 0.9708 MYR
07 October 2023	1 LYD = 0.9640 MYR
09 October 2023	1 LYD = 0.9719 MYR
10 October 2023	1 LYD = 0.9727 MYR
11 October 2023	1 LYD = 0.9720 MYR
12 October 2023	1 LYD = 0.9724 MYR
13 October 2023	1 LYD = 0.9691 MYR
16 October 2023	1 LYD = 0.9746 MYR
17 October 2023	1 LYD = 0.9700 MYR
18 October 2023	1 LYD = 0.9721 MYR
19 October 2023	1 LYD = 0.9744 MYR
20 October 2023	1 LYD = 0.9779 MYR
21 October 2023	1 LYD = 0.9751 MYR
22 October 2023	1 LYD = 0.9751 MYR
23 October 2023	1 LYD = 0.9802 MYR
24 October 2023	1 LYD = 0.9764 MYR
25 October 2023	1 LYD = 0.9871 MYR
26 October 2023	1 LYD = 0.9829 MYR
27 October 2023	1 LYD = 0.9843 MYR
28 October 2023	1 LYD = 0.9769 MYR
29 October 2023	1 LYD = 0.9769 MYR
30 October 2023	1 LYD = 0.9826 MYR
31 October 2023	1 LYD = 0.9774 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