Historic Indian Rupee Libyan dinar

Indian Rupee libyan dinar history for December 2023. The highest quote for this month is 0.057821 (10/12/2023) and the lowest 0.05924 (08/12/2023). The difference between high and low is -2.45.

INR LYD average rate for December 2023 is 0.05753, the change between 01/12/2023 and 31/12/2023 is -0.69 %.

01 December 20231 INR = 0.0572 LYD
02 December 20231 INR = 0.0575 LYD
03 December 20231 INR = 0.0575 LYD
04 December 20231 INR = 0.0574 LYD
05 December 20231 INR = 0.0574 LYD
06 December 20231 INR = 0.0576 LYD
07 December 20231 INR = 0.0578 LYD
08 December 20231 INR = 0.0579 LYD
10 December 20231 INR = 0.0578 LYD
11 December 20231 INR = 0.0577 LYD
12 December 20231 INR = 0.0576 LYD
13 December 20231 INR = 0.0576 LYD
14 December 20231 INR = 0.0578 LYD
15 December 20231 INR = 0.0573 LYD
16 December 20231 INR = 0.0577 LYD
17 December 20231 INR = 0.0577 LYD
18 December 20231 INR = 0.0578 LYD
19 December 20231 INR = 0.0574 LYD
20 December 20231 INR = 0.0574 LYD
21 December 20231 INR = 0.0574 LYD
22 December 20231 INR = 0.0574 LYD
23 December 20231 INR = 0.0576 LYD
24 December 20231 INR = 0.0576 LYD
25 December 20231 INR = 0.0574 LYD
26 December 20231 INR = 0.0575 LYD
27 December 20231 INR = 0.0572 LYD
28 December 20231 INR = 0.0572 LYD
29 December 20231 INR = 0.0576 LYD

24/03/2020: COVID-19 Impact on Indian Rupee

The global COVID-19 pandemic caused significant volatility in the Indian Rupee exchange rate, leading to depreciation against major international currencies.

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.

08/11/2016: Demonetization

The Indian government announced the demonetization of ₹500 and ₹1,000 banknotes, requiring individuals to exchange or deposit their old currency notes at banks.

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.

03/07/2007: Indian Rupee Symbol

The Indian Rupee was given its own unique symbol ₹, representing the integration of the Indian Rupee into the global currency landscape.

21/06/1991: Liberalization of Indian Economy

India initiated economic reforms, including the liberalization of foreign exchange controls. This led to the beginning of the exchange rate regime reforms for the Indian Rupee.

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.

24/06/1957: Decimalization of Indian Rupee

The Indian Rupee was decimalized, dividing it into 100 paise. This change simplified the currency system and introduced a uniform monetary system across the country.

24/12/1951: Independence of Libya

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

15/08/1947: Indian Independence

India gained independence from British rule, leading to the establishment of the Reserve Bank of India as the central bank and the Indian Rupee as the official currency.

01/01/1862: Introduction of Indian Rupee

Indian Rupee was introduced by the British government as the official currency of British India. It replaced various local and foreign currencies that were in circulation.