Historic Moroccan dirham Libyan dinar

Moroccan dirham libyan dinar history for October 2023. The highest quote for this month is 0.49008 (11/10/2023) and the lowest 0.49269 (12/10/2023). The difference between high and low is -0.53.

MAD LYD average rate for October 2023 is 0.47815, the change between 01/10/2023 and 31/10/2023 is +0.11 %.

01 October 20231 MAD = 0.4742 LYD
02 October 20231 MAD = 0.4893 LYD
03 October 20231 MAD = 0.4720 LYD
04 October 20231 MAD = 0.4735 LYD
05 October 20231 MAD = 0.4747 LYD
06 October 20231 MAD = 0.4868 LYD
07 October 20231 MAD = 0.4760 LYD
09 October 20231 MAD = 0.4912 LYD
10 October 20231 MAD = 0.4841 LYD
11 October 20231 MAD = 0.4738 LYD
12 October 20231 MAD = 0.4738 LYD
13 October 20231 MAD = 0.4744 LYD
16 October 20231 MAD = 0.4903 LYD
17 October 20231 MAD = 0.4761 LYD
18 October 20231 MAD = 0.4756 LYD
19 October 20231 MAD = 0.4893 LYD
20 October 20231 MAD = 0.4728 LYD
21 October 20231 MAD = 0.4733 LYD
22 October 20231 MAD = 0.4733 LYD
23 October 20231 MAD = 0.4884 LYD
24 October 20231 MAD = 0.4729 LYD
25 October 20231 MAD = 0.4711 LYD
26 October 20231 MAD = 0.4738 LYD
27 October 20231 MAD = 0.4738 LYD
28 October 20231 MAD = 0.4754 LYD
29 October 20231 MAD = 0.4761 LYD
30 October 20231 MAD = 0.4883 LYD
31 October 20231 MAD = 0.4737 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.