Malaysian ringgit libyan dinar exchange rate history (MYR LYD) December 2023

Malaysian ringgit libyan dinar history for December 2023. The highest quote for this month is 1.0345 (10/12/2023) and the lowest 1.0371 (23/12/2023). The difference between high and low is -0.25.

MYR LYD average rate for December 2023 is 1.02706, the change between 01/12/2023 and 31/12/2023 is -0.54 %.

01 December 2023	1 MYR = 1.024 LYD
02 December 2023	1 MYR = 1.025 LYD
03 December 2023	1 MYR = 1.025 LYD
04 December 2023	1 MYR = 1.022 LYD
05 December 2023	1 MYR = 1.026 LYD
06 December 2023	1 MYR = 1.030 LYD
07 December 2023	1 MYR = 1.031 LYD
08 December 2023	1 MYR = 1.032 LYD
10 December 2023	1 MYR = 1.035 LYD
11 December 2023	1 MYR = 1.033 LYD
12 December 2023	1 MYR = 1.026 LYD
13 December 2023	1 MYR = 1.026 LYD
14 December 2023	1 MYR = 1.024 LYD
15 December 2023	1 MYR = 1.021 LYD
16 December 2023	1 MYR = 1.026 LYD
17 December 2023	1 MYR = 1.026 LYD
18 December 2023	1 MYR = 1.028 LYD
19 December 2023	1 MYR = 1.017 LYD
20 December 2023	1 MYR = 1.019 LYD
21 December 2023	1 MYR = 1.027 LYD
22 December 2023	1 MYR = 1.025 LYD
23 December 2023	1 MYR = 1.034 LYD
24 December 2023	1 MYR = 1.034 LYD
25 December 2023	1 MYR = 1.026 LYD
26 December 2023	1 MYR = 1.032 LYD
27 December 2023	1 MYR = 1.027 LYD
28 December 2023	1 MYR = 1.029 LYD
29 December 2023	1 MYR = 1.029 LYD

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 Malaysian ringgit Libyan dinar