Malagasy Ariary libyan dinar exchange rate history (MGA LYD) December 2023

Malagasy Ariary libyan dinar history for December 2023. The highest quote for this month is 0.001066 (10/12/2023) and the lowest 0.00107 (04/12/2023). The difference between high and low is -0.38.

MGA LYD average rate for December 2023 is 0.00105, the change between 01/12/2023 and 31/12/2023 is +1.79 %.

01 December 2023	1 MGA = 0.0011 LYD
02 December 2023	1 MGA = 0.0011 LYD
03 December 2023	1 MGA = 0.0011 LYD
04 December 2023	1 MGA = 0.0011 LYD
05 December 2023	1 MGA = 0.0011 LYD
06 December 2023	1 MGA = 0.0011 LYD
07 December 2023	1 MGA = 0.0011 LYD
08 December 2023	1 MGA = 0.0011 LYD
10 December 2023	1 MGA = 0.0011 LYD
11 December 2023	1 MGA = 0.0011 LYD
12 December 2023	1 MGA = 0.0011 LYD
13 December 2023	1 MGA = 0.0011 LYD
14 December 2023	1 MGA = 0.0011 LYD
15 December 2023	1 MGA = 0.0010 LYD
16 December 2023	1 MGA = 0.0011 LYD
17 December 2023	1 MGA = 0.0011 LYD
18 December 2023	1 MGA = 0.0011 LYD
19 December 2023	1 MGA = 0.0010 LYD
20 December 2023	1 MGA = 0.0010 LYD
21 December 2023	1 MGA = 0.0010 LYD
22 December 2023	1 MGA = 0.0010 LYD
23 December 2023	1 MGA = 0.0011 LYD
24 December 2023	1 MGA = 0.0011 LYD
25 December 2023	1 MGA = 0.0010 LYD
26 December 2023	1 MGA = 0.0010 LYD
27 December 2023	1 MGA = 0.0010 LYD
28 December 2023	1 MGA = 0.0010 LYD
29 December 2023	1 MGA = 0.0010 LYD

01/01/2023: Planned Fourth Redenomination of Ariary

Madagascar announces plans for the fourth redenomination of the Ariary, aiming to simplify the currency system further.

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.

01/01/2017: Third Redenomination of Ariary

The Malagasy Ariary experiences its third redenomination, resulting in the currency being divided by 5, making 1 new Ariary equal to 5 old Ariary.

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.

01/08/2003: Second Redenomination of Ariary

The Malagasy Ariary goes through its second redenomination, with 1 new Ariary equal to 5 old Ariary.

16/12/1993: First Redenomination of Ariary

The Malagasy Ariary undergoes its first redenomination, replacing the currency at a ratio of 1 new Ariary to 5 old Ariary.

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.

01/01/1983: Introduction of Malagasy Ariary

The Malagasy Ariary is introduced as the new official currency of Madagascar, replacing the Malagasy Franc.

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.

26/06/1975: Independence of Madagascar

Madagascar declares independence from French colonial rule, leading to changes in the national currency.

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.

26/06/1961: Introduction of Malagasy Franc

Malagasy Franc introduced as the official currency of Madagascar to replace the French Franc.

24/12/1951: Independence of Libya

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

Historic Malagasy Ariary Libyan dinar