Historic Moroccan dirham Libyan dinar

Moroccan dirham libyan dinar history for January 2024. The highest quote for this month is 0.49609 (24/01/2024) and the lowest 0.49873 (04/01/2024). The difference between high and low is -0.53.

MAD LYD average rate for January 2024 is 0.48556, the change between 01/01/2024 and 31/01/2024 is +2.66 %.

01 January 20241 MAD = 0.4940 LYD
02 January 20241 MAD = 0.4940 LYD
03 January 20241 MAD = 0.4785 LYD
04 January 20241 MAD = 0.4785 LYD
05 January 20241 MAD = 0.4831 LYD
06 January 20241 MAD = 0.4816 LYD
07 January 20241 MAD = 0.4829 LYD
08 January 20241 MAD = 0.4954 LYD
09 January 20241 MAD = 0.4815 LYD
10 January 20241 MAD = 0.4946 LYD
11 January 20241 MAD = 0.4796 LYD
12 January 20241 MAD = 0.4796 LYD
14 January 20241 MAD = 0.4815 LYD
15 January 20241 MAD = 0.4940 LYD
16 January 20241 MAD = 0.4948 LYD
17 January 20241 MAD = 0.4948 LYD
18 January 20241 MAD = 0.4806 LYD
19 January 20241 MAD = 0.4806 LYD
22 January 20241 MAD = 0.4970 LYD
23 January 20241 MAD = 0.4829 LYD
24 January 20241 MAD = 0.4799 LYD
25 January 20241 MAD = 0.4822 LYD
26 January 20241 MAD = 0.4800 LYD
28 January 20241 MAD = 0.4824 LYD
29 January 20241 MAD = 0.4965 LYD
30 January 20241 MAD = 0.4790 LYD
31 January 20241 MAD = 0.4809 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.