Historic Moroccan dirham Libyan dinar

Moroccan dirham libyan dinar history for December 2023. The highest quote for this month is 0.49812 (25/12/2023) and the lowest 0.49891 (28/12/2023). The difference between high and low is -0.16.

MAD LYD average rate for December 2023 is 0.48115, the change between 01/12/2023 and 31/12/2023 is +1.82 %.

01 December 20231 MAD = 0.4884 LYD
02 December 20231 MAD = 0.4749 LYD
03 December 20231 MAD = 0.4748 LYD
04 December 20231 MAD = 0.4891 LYD
05 December 20231 MAD = 0.4753 LYD
06 December 20231 MAD = 0.4755 LYD
07 December 20231 MAD = 0.4765 LYD
08 December 20231 MAD = 0.4771 LYD
10 December 20231 MAD = 0.4747 LYD
11 December 20231 MAD = 0.4897 LYD
12 December 20231 MAD = 0.4869 LYD
13 December 20231 MAD = 0.4882 LYD
14 December 20231 MAD = 0.4720 LYD
15 December 20231 MAD = 0.4732 LYD
16 December 20231 MAD = 0.4734 LYD
17 December 20231 MAD = 0.4734 LYD
18 December 20231 MAD = 0.4880 LYD
19 December 20231 MAD = 0.4869 LYD
20 December 20231 MAD = 0.4723 LYD
21 December 20231 MAD = 0.4761 LYD
22 December 20231 MAD = 0.4791 LYD
23 December 20231 MAD = 0.4828 LYD
24 December 20231 MAD = 0.4827 LYD
25 December 20231 MAD = 0.4980 LYD
26 December 20231 MAD = 0.4980 LYD
27 December 20231 MAD = 0.4803 LYD
28 December 20231 MAD = 0.4860 LYD
29 December 20231 MAD = 0.4795 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.
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