Moroccan dirham libyan dinar exchange rate history (MAD LYD) August 2023

Moroccan dirham libyan dinar history for August 2023. The highest quote for this month is 0.50607 (09/08/2023) and the lowest 0.50764 (08/08/2023). The difference between high and low is -0.31.

MAD LYD average rate for August 2023 is 0.4904, the change between 01/08/2023 and 31/08/2023 is -1.58 %.

01 August 2023	1 MAD = 0.4833 LYD
02 August 2023	1 MAD = 0.4837 LYD
03 August 2023	1 MAD = 0.4960 LYD
04 August 2023	1 MAD = 0.4857 LYD
07 August 2023	1 MAD = 0.5066 LYD
08 August 2023	1 MAD = 0.5010 LYD
09 August 2023	1 MAD = 0.5076 LYD
10 August 2023	1 MAD = 0.5061 LYD
11 August 2023	1 MAD = 0.5032 LYD
12 August 2023	1 MAD = 0.4848 LYD
14 August 2023	1 MAD = 0.5039 LYD
15 August 2023	1 MAD = 0.4858 LYD
16 August 2023	1 MAD = 0.4862 LYD
17 August 2023	1 MAD = 0.4850 LYD
18 August 2023	1 MAD = 0.4837 LYD
19 August 2023	1 MAD = 0.4820 LYD
20 August 2023	1 MAD = 0.4820 LYD
21 August 2023	1 MAD = 0.5025 LYD
22 August 2023	1 MAD = 0.4826 LYD
23 August 2023	1 MAD = 0.4804 LYD
24 August 2023	1 MAD = 0.4804 LYD
25 August 2023	1 MAD = 0.4781 LYD
28 August 2023	1 MAD = 0.4935 LYD
29 August 2023	1 MAD = 0.4862 LYD
30 August 2023	1 MAD = 0.4891 LYD
31 August 2023	1 MAD = 0.4910 LYD

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

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.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

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.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

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.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official 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.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

24/12/1951: Independence of Libya

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

Historic Moroccan dirham Libyan dinar