Historic Moroccan dirham Libyan dinar

Moroccan dirham libyan dinar history for September 2023. The highest quote for this month is 0.48994 (14/09/2023) and the lowest 0.49009 (14/09/2023). The difference between high and low is -0.03.

MAD LYD average rate for September 2023 is 0.47729, the change between 01/09/2023 and 30/09/2023 is +2.83 %.

01 September 20231 MAD = 0.4881 LYD
04 September 20231 MAD = 0.4833 LYD
05 September 20231 MAD = 0.4859 LYD
06 September 20231 MAD = 0.4858 LYD
07 September 20231 MAD = 0.4730 LYD
08 September 20231 MAD = 0.4764 LYD
11 September 20231 MAD = 0.4885 LYD
12 September 20231 MAD = 0.4887 LYD
13 September 20231 MAD = 0.4744 LYD
14 September 20231 MAD = 0.4744 LYD
15 September 20231 MAD = 0.4700 LYD
18 September 20231 MAD = 0.4848 LYD
19 September 20231 MAD = 0.4713 LYD
20 September 20231 MAD = 0.4728 LYD
21 September 20231 MAD = 0.4714 LYD
22 September 20231 MAD = 0.4698 LYD
23 September 20231 MAD = 0.4739 LYD
25 September 20231 MAD = 0.4846 LYD
26 September 20231 MAD = 0.4723 LYD
27 September 20231 MAD = 0.4732 LYD
28 September 20231 MAD = 0.4700 LYD
29 September 20231 MAD = 0.4712 LYD
30 September 20231 MAD = 0.4743 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.