Historic Australian dollar Libyan dinar

Australian dollar libyan dinar history for December 2023. The highest quote for this month is 3.2563 (23/12/2023) and the lowest 3.3895 (25/12/2023). The difference between high and low is -4.09.

AUD LYD average rate for December 2023 is 3.2039, the change between 01/12/2023 and 31/12/2023 is -2.72 %.

01 December 20231 AUD = 3.150 LYD
02 December 20231 AUD = 3.197 LYD
03 December 20231 AUD = 3.193 LYD
04 December 20231 AUD = 3.191 LYD
05 December 20231 AUD = 3.169 LYD
06 December 20231 AUD = 3.146 LYD
07 December 20231 AUD = 3.151 LYD
08 December 20231 AUD = 3.181 LYD
10 December 20231 AUD = 3.172 LYD
11 December 20231 AUD = 3.167 LYD
12 December 20231 AUD = 3.151 LYD
13 December 20231 AUD = 3.154 LYD
14 December 20231 AUD = 3.206 LYD
15 December 20231 AUD = 3.197 LYD
16 December 20231 AUD = 3.209 LYD
17 December 20231 AUD = 3.209 LYD
18 December 20231 AUD = 3.215 LYD
19 December 20231 AUD = 3.198 LYD
20 December 20231 AUD = 3.226 LYD
21 December 20231 AUD = 3.222 LYD
22 December 20231 AUD = 3.242 LYD
23 December 20231 AUD = 3.256 LYD
24 December 20231 AUD = 3.256 LYD
25 December 20231 AUD = 3.252 LYD
26 December 20231 AUD = 3.253 LYD
27 December 20231 AUD = 3.248 LYD
28 December 20231 AUD = 3.263 LYD
29 December 20231 AUD = 3.236 LYD

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

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.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

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.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and 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.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

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.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

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.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

24/12/1951: Independence of Libya

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