Pound sterling libyan dinar exchange rate history (GBP LYD) December 2023

Pound sterling libyan dinar history for December 2023. The highest quote for this month is 6.0848 (03/12/2023) and the lowest 6.0917 (25/12/2023). The difference between high and low is -0.11.

GBP LYD average rate for December 2023 is 6.0586, the change between 01/12/2023 and 31/12/2023 is -0.22 %.

01 December 2023	1 GBP = 6.02 LYD
03 December 2023	1 GBP = 6.09 LYD
04 December 2023	1 GBP = 6.07 LYD
05 December 2023	1 GBP = 6.05 LYD
06 December 2023	1 GBP = 6.05 LYD
07 December 2023	1 GBP = 6.04 LYD
08 December 2023	1 GBP = 6.07 LYD
10 December 2023	1 GBP = 6.05 LYD
11 December 2023	1 GBP = 6.04 LYD
12 December 2023	1 GBP = 6.03 LYD
13 December 2023	1 GBP = 6.04 LYD
14 December 2023	1 GBP = 6.07 LYD
15 December 2023	1 GBP = 6.09 LYD
17 December 2023	1 GBP = 6.07 LYD
18 December 2023	1 GBP = 6.08 LYD
19 December 2023	1 GBP = 6.04 LYD
20 December 2023	1 GBP = 6.07 LYD
21 December 2023	1 GBP = 6.04 LYD
22 December 2023	1 GBP = 6.05 LYD
24 December 2023	1 GBP = 6.08 LYD
25 December 2023	1 GBP = 6.05 LYD
26 December 2023	1 GBP = 6.07 LYD
27 December 2023	1 GBP = 6.06 LYD
28 December 2023	1 GBP = 6.09 LYD
29 December 2023	1 GBP = 6.04 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.

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

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.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

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.

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

24/12/1951: Independence of Libya

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

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.

Historic Pound sterling Libyan dinar