Historic Norwegian krone Libyan dinar

Norwegian krone libyan dinar history for December 2023. The highest quote for this month is 0.4696 (23/12/2023) and the lowest 0.47586 (25/12/2023). The difference between high and low is -1.33.

NOK LYD average rate for December 2023 is 0.45451, the change between 01/12/2023 and 31/12/2023 is -5.52 %.

01 December 20231 NOK = 0.4412 LYD
04 December 20231 NOK = 0.4474 LYD
05 December 20231 NOK = 0.4419 LYD
06 December 20231 NOK = 0.4393 LYD
07 December 20231 NOK = 0.4384 LYD
08 December 20231 NOK = 0.4439 LYD
10 December 20231 NOK = 0.4424 LYD
11 December 20231 NOK = 0.4418 LYD
12 December 20231 NOK = 0.4382 LYD
13 December 20231 NOK = 0.4386 LYD
14 December 20231 NOK = 0.4465 LYD
15 December 20231 NOK = 0.4543 LYD
18 December 20231 NOK = 0.4586 LYD
19 December 20231 NOK = 0.4590 LYD
20 December 20231 NOK = 0.4650 LYD
21 December 20231 NOK = 0.4622 LYD
22 December 20231 NOK = 0.4645 LYD
23 December 20231 NOK = 0.4696 LYD
24 December 20231 NOK = 0.4696 LYD
25 December 20231 NOK = 0.4694 LYD
26 December 20231 NOK = 0.4699 LYD
27 December 20231 NOK = 0.4696 LYD
28 December 20231 NOK = 0.4714 LYD
29 December 20231 NOK = 0.4656 LYD

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.

30/10/2016: Withdrawal of the 1000-krone banknote

The Norges Bank phased out the 1000-krone banknote, as part of efforts to combat money laundering and reduce the use of cash in the economy.

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.

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.

01/01/1999: Creation of the euro

Several European countries introduced the euro as a common currency, but Norway chose to maintain the krone, cementing its separate monetary path.

19/11/1992: Norway rejects European Union membership

In a referendum, Norway voted against joining the European Union, reaffirming its independent monetary policy and keeping the krone outside the eurozone.

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.

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.

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.

24/12/1951: Independence of Libya

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

22/10/1931: Devaluation of the krone

To counter the effects of the Great Depression, Norway devalued the krone by 14%, aiming to boost exports and stimulate the economy.

01/11/1920: Krone's return to the gold standard

Following the end of World War I, Norway reintroduced the gold standard for the krone, stabilizing its value and restoring confidence in the currency.

02/08/1914: Suspension of krone's gold standard

Due to the outbreak of World War I, Norway suspended the krone's convertibility into gold, allowing for more flexibility in monetary policy during the war.

27/10/1875: The introduction of the krone currency

The krone was established as the official currency of Norway, replacing the previous speciedaler, marking a significant milestone in the country's monetary history.