Historic Cayman Islands dollar Libyan dinar

Cayman Islands dollar libyan dinar history for January 2024. The highest quote for this month is 5.8968 (31/01/2024) and the lowest 5.8904 (31/01/2024). The difference between high and low is 0.11.

KYD LYD average rate for January 2024 is 5.86118, the change between 01/01/2024 and 31/01/2024 is -1.58 %.

01 January 20241 KYD = 5.81 LYD
02 January 20241 KYD = 5.81 LYD
03 January 20241 KYD = 5.83 LYD
04 January 20241 KYD = 5.83 LYD
05 January 20241 KYD = 5.86 LYD
06 January 20241 KYD = 5.84 LYD
07 January 20241 KYD = 5.84 LYD
08 January 20241 KYD = 5.86 LYD
09 January 20241 KYD = 5.87 LYD
10 January 20241 KYD = 5.85 LYD
11 January 20241 KYD = 5.85 LYD
12 January 20241 KYD = 5.85 LYD
14 January 20241 KYD = 5.84 LYD
15 January 20241 KYD = 5.85 LYD
16 January 20241 KYD = 5.85 LYD
17 January 20241 KYD = 5.87 LYD
18 January 20241 KYD = 5.89 LYD
19 January 20241 KYD = 5.89 LYD
22 January 20241 KYD = 5.88 LYD
23 January 20241 KYD = 5.89 LYD
24 January 20241 KYD = 5.88 LYD
25 January 20241 KYD = 5.89 LYD
26 January 20241 KYD = 5.87 LYD
28 January 20241 KYD = 5.87 LYD
29 January 20241 KYD = 5.88 LYD
30 January 20241 KYD = 5.89 LYD
31 January 20241 KYD = 5.90 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.

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.

01/01/2010: Removal of 1 cent coin from circulation

Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

01/11/2007: Transition from Crown Dependencies to Overseas Countries and Territories

The Cayman Islands, including its currency, transitioned from being labeled as a Crown Dependency to an Overseas Country and Territory.

01/01/2001: Issuance of New Banknotes and Coins

New banknotes and coins with enhanced security features were introduced to combat counterfeiting.

01/01/1999: Introduction of Cayman Islands Currency Law

The Cayman Islands Currency Law was enacted to provide a legal framework for the issuance and regulation of the currency.

01/07/1997: Pegging of the Cayman Islands Dollar to the US Dollar

The Cayman Islands dollar was pegged to the US dollar at a fixed exchange rate of KYD 1.00 = USD 1.20.

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.

07/11/1974: Creation of the Cayman Islands Monetary Authority

The Cayman Islands Monetary Authority was established as the central bank responsible for regulating the currency and financial institutions.

01/01/1972: Introduction of Cayman Islands Dollar

The Cayman Islands dollar was first introduced as the official currency, replacing the Jamaican 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.

24/12/1951: Independence of Libya

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