Historic Kazakhstani tenge Libyan dinar

Kazakhstani tenge libyan dinar history for January 2024. The highest quote for this month is 0.010787 (23/01/2024) and the lowest 0.010818 (24/01/2024). The difference between high and low is -0.29.

KZT LYD average rate for January 2024 is 0.01063, the change between 01/01/2024 and 31/01/2024 is -3.42 %.

01 January 20241 KZT = 0.0104 LYD
02 January 20241 KZT = 0.0104 LYD
03 January 20241 KZT = 0.0105 LYD
04 January 20241 KZT = 0.0105 LYD
05 January 20241 KZT = 0.0106 LYD
06 January 20241 KZT = 0.0106 LYD
07 January 20241 KZT = 0.0106 LYD
08 January 20241 KZT = 0.0106 LYD
09 January 20241 KZT = 0.0106 LYD
10 January 20241 KZT = 0.0106 LYD
11 January 20241 KZT = 0.0106 LYD
12 January 20241 KZT = 0.0106 LYD
14 January 20241 KZT = 0.0106 LYD
15 January 20241 KZT = 0.0106 LYD
16 January 20241 KZT = 0.0106 LYD
17 January 20241 KZT = 0.0106 LYD
18 January 20241 KZT = 0.0107 LYD
19 January 20241 KZT = 0.0107 LYD
22 January 20241 KZT = 0.0107 LYD
23 January 20241 KZT = 0.0108 LYD
24 January 20241 KZT = 0.0108 LYD
25 January 20241 KZT = 0.0108 LYD
26 January 20241 KZT = 0.0107 LYD
28 January 20241 KZT = 0.0107 LYD
29 January 20241 KZT = 0.0107 LYD
30 January 20241 KZT = 0.0107 LYD
31 January 20241 KZT = 0.0108 LYD

13/12/2021: Introduction of New Banknotes and Coins

New banknotes and coins were introduced, featuring updated designs, improved security features, and denominations. This aims to enhance the efficiency of cash transactions.

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.

03/04/2017: Transition to Free Float

After gradually reducing interventions, Kazakhstan fully transitioned to a free float exchange rate for the tenge, allowing the market to determine its value.

20/08/2015: Tenge Devaluation

Kazakhstan devalued the tenge by around 30% due to falling oil prices and economic instability. This move aimed to boost exports and protect the economy.

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.

19/04/2004: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs were introduced to combat counterfeiting and modernize the currency.

04/10/1999: Floating Exchange Rate

Kazakhstan switched to a floating exchange rate regime, allowing the tenge to fluctuate freely based on market supply and demand.

15/02/1994: Denomination of Tenge

The tenge underwent a 10,000-fold denomination, where 1 new tenge was equal to 10,000 old tenge. This was done to simplify currency handling and eliminate excessive zeros.

15/11/1993: Introduction of Kazakhstani Tenge

The Kazakhstani tenge was introduced as the new currency of Kazakhstan, replacing the Soviet ruble. The exchange rate was set at 1 tenge = 500 rubles.

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.

24/12/1951: Independence of Libya

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