South African rand libyan dinar exchange rate history (ZAR LYD) August 2023

South African rand libyan dinar history for August 2023. The highest quote for this month is 0.2605 (01/08/2023) and the lowest 0.2664 (01/08/2023). The difference between high and low is -2.26.

ZAR LYD average rate for August 2023 is 0.25544, the change between 01/08/2023 and 31/08/2023 is +3.49 %.

01 August 2023	1 ZAR = 0.2666 LYD
02 August 2023	1 ZAR = 0.2615 LYD
03 August 2023	1 ZAR = 0.2584 LYD
04 August 2023	1 ZAR = 0.2559 LYD
07 August 2023	1 ZAR = 0.2573 LYD
08 August 2023	1 ZAR = 0.2552 LYD
09 August 2023	1 ZAR = 0.2520 LYD
10 August 2023	1 ZAR = 0.2514 LYD
11 August 2023	1 ZAR = 0.2534 LYD
12 August 2023	1 ZAR = 0.2527 LYD
14 August 2023	1 ZAR = 0.2529 LYD
15 August 2023	1 ZAR = 0.2513 LYD
16 August 2023	1 ZAR = 0.2508 LYD
17 August 2023	1 ZAR = 0.2503 LYD
18 August 2023	1 ZAR = 0.2520 LYD
20 August 2023	1 ZAR = 0.2534 LYD
21 August 2023	1 ZAR = 0.2522 LYD
22 August 2023	1 ZAR = 0.2540 LYD
23 August 2023	1 ZAR = 0.2557 LYD
24 August 2023	1 ZAR = 0.2601 LYD
25 August 2023	1 ZAR = 0.2555 LYD
28 August 2023	1 ZAR = 0.2576 LYD
29 August 2023	1 ZAR = 0.2584 LYD
30 August 2023	1 ZAR = 0.2605 LYD
31 August 2023	1 ZAR = 0.2573 LYD

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

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.

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.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

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.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

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.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

24/12/1951: Independence of Libya

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

Historic South African rand Libyan dinar