Historic Libyan dinar Burmese kyat

Libyan dinar burmese kyat history for February 2024. The highest quote for this month is 434.67 (03/02/2024) and the lowest 436.18 (03/02/2024). The difference between high and low is -0.35.

LYD MMK average rate for February 2024 is 432.55556, the change between 01/02/2024 and 29/02/2024 is -0.05 %.

01 February 20241 LYD = 432.5 MMK
02 February 20241 LYD = 434.0 MMK
03 February 20241 LYD = 434.7 MMK
04 February 20241 LYD = 434.2 MMK
05 February 20241 LYD = 433.2 MMK
06 February 20241 LYD = 433.3 MMK
07 February 20241 LYD = 434.4 MMK
08 February 20241 LYD = 431.5 MMK
09 February 20241 LYD = 431.3 MMK
12 February 20241 LYD = 432.5 MMK
13 February 20241 LYD = 432.3 MMK
14 February 20241 LYD = 431.5 MMK
15 February 20241 LYD = 430.5 MMK
16 February 20241 LYD = 430.4 MMK
17 February 20241 LYD = 432.8 MMK
18 February 20241 LYD = 432.8 MMK
19 February 20241 LYD = 431.4 MMK
20 February 20241 LYD = 432.1 MMK
21 February 20241 LYD = 431.5 MMK
22 February 20241 LYD = 431.4 MMK
23 February 20241 LYD = 432.5 MMK
24 February 20241 LYD = 434.4 MMK
25 February 20241 LYD = 434.4 MMK
26 February 20241 LYD = 433.0 MMK
27 February 20241 LYD = 431.4 MMK
28 February 20241 LYD = 432.2 MMK
29 February 20241 LYD = 432.7 MMK

22/02/2021: Kyat's Depreciation Challenges

The Burmese kyat faced significant depreciation and instability due to political turmoil and the military coup in Myanmar.

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.

23/04/2015: Foreign Exchange Market Liberalization

Restrictions on foreign exchange were lifted, allowing a more liberalized foreign exchange market in Myanmar.

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.

02/04/2012: Managed Float Regime Implemented

The Burmese government adopted a managed float exchange rate regime, allowing the kyat to fluctuate based on market forces.

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.

01/04/1990: Foreign Exchange Certificates Introduced

Foreign Exchange Certificates (FECs) were introduced as a parallel currency to stabilize the economy and control the black market.

01/09/1987: Second Kyat Revalued

Due to hyperinflation, the Burmese kyat was again revalued, with 1 kyat replacing 10 new kyats.

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.

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.

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.

01/12/1964: Kyat Revalued

The Burmese kyat underwent a major revaluation, with 1 new kyat replacing 100 old kyats to combat inflation.

01/07/1952: Kyat Introduced

The Burmese kyat was first introduced as the official currency of Burma, replacing the Indian rupee at an exchange rate of 1 kyat = 1 rupee.

24/12/1951: Independence of Libya

Libya gains independence from Italy, introducing the Libyan pound as its currency.
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