Historic Libyan dinar Norwegian krone

Libyan dinar norwegian krone history for January 2024. The highest quote for this month is 2.2006 (17/01/2024) and the lowest 2.1897 (22/01/2024). The difference between high and low is 0.5.

LYD NOK average rate for January 2024 is 2.17006, the change between 01/01/2024 and 31/01/2024 is -1.35 %.

01 January 20241 LYD = 2.141 NOK
02 January 20241 LYD = 2.134 NOK
03 January 20241 LYD = 2.178 NOK
04 January 20241 LYD = 2.175 NOK
05 January 20241 LYD = 2.153 NOK
06 January 20241 LYD = 2.149 NOK
07 January 20241 LYD = 2.149 NOK
08 January 20241 LYD = 2.164 NOK
09 January 20241 LYD = 2.167 NOK
10 January 20241 LYD = 2.172 NOK
11 January 20241 LYD = 2.169 NOK
12 January 20241 LYD = 2.157 NOK
15 January 20241 LYD = 2.161 NOK
16 January 20241 LYD = 2.171 NOK
17 January 20241 LYD = 2.184 NOK
18 January 20241 LYD = 2.188 NOK
19 January 20241 LYD = 2.193 NOK
22 January 20241 LYD = 2.191 NOK
23 January 20241 LYD = 2.191 NOK
24 January 20241 LYD = 2.192 NOK
25 January 20241 LYD = 2.180 NOK
26 January 20241 LYD = 2.178 NOK
29 January 20241 LYD = 2.175 NOK
30 January 20241 LYD = 2.170 NOK
31 January 20241 LYD = 2.170 NOK

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.

30/10/2016: Withdrawal of the 1000-krone banknote

The Norges Bank phased out the 1000-krone banknote, as part of efforts to combat money laundering and reduce the use of cash in the economy.

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.

01/01/1999: Creation of the euro

Several European countries introduced the euro as a common currency, but Norway chose to maintain the krone, cementing its separate monetary path.

19/11/1992: Norway rejects European Union membership

In a referendum, Norway voted against joining the European Union, reaffirming its independent monetary policy and keeping the krone outside the eurozone.

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.

24/12/1951: Independence of Libya

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

22/10/1931: Devaluation of the krone

To counter the effects of the Great Depression, Norway devalued the krone by 14%, aiming to boost exports and stimulate the economy.

01/11/1920: Krone's return to the gold standard

Following the end of World War I, Norway reintroduced the gold standard for the krone, stabilizing its value and restoring confidence in the currency.

02/08/1914: Suspension of krone's gold standard

Due to the outbreak of World War I, Norway suspended the krone's convertibility into gold, allowing for more flexibility in monetary policy during the war.

27/10/1875: The introduction of the krone currency

The krone was established as the official currency of Norway, replacing the previous speciedaler, marking a significant milestone in the country's monetary history.