Historic Libyan dinar Malaysian ringgit

Libyan dinar malaysian ringgit history for September 2023. The highest quote for this month is 0.973 (18/09/2023) and the lowest 0.9739 (19/09/2023). The difference between high and low is -0.09.

LYD MYR average rate for September 2023 is 0.96816, the change between 01/09/2023 and 30/09/2023 is +0.43 %.

01 September 20231 LYD = 0.9666 MYR
04 September 20231 LYD = 0.9656 MYR
05 September 20231 LYD = 0.9707 MYR
06 September 20231 LYD = 0.9679 MYR
07 September 20231 LYD = 0.9693 MYR
08 September 20231 LYD = 0.9663 MYR
11 September 20231 LYD = 0.9695 MYR
12 September 20231 LYD = 0.9692 MYR
13 September 20231 LYD = 0.9719 MYR
14 September 20231 LYD = 0.9719 MYR
15 September 20231 LYD = 0.9707 MYR
18 September 20231 LYD = 0.9727 MYR
19 September 20231 LYD = 0.9683 MYR
20 September 20231 LYD = 0.9678 MYR
21 September 20231 LYD = 0.9677 MYR
22 September 20231 LYD = 0.9708 MYR
23 September 20231 LYD = 0.9637 MYR
24 September 20231 LYD = 0.9637 MYR
25 September 20231 LYD = 0.9704 MYR
26 September 20231 LYD = 0.9656 MYR
27 September 20231 LYD = 0.9645 MYR
28 September 20231 LYD = 0.9703 MYR
29 September 20231 LYD = 0.9683 MYR
30 September 20231 LYD = 0.9624 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.