Historic Libyan dinar Australian dollar

Libyan dinar australian dollar history for February 2024. The highest quote for this month is 0.32188 (13/02/2024) and the lowest 0.31975 (03/02/2024). The difference between high and low is 0.66.

LYD AUD average rate for February 2024 is 0.318, the change between 01/02/2024 and 29/02/2024 is -1.11 %.

01 February 20241 LYD = 0.3175 AUD
02 February 20241 LYD = 0.3175 AUD
03 February 20241 LYD = 0.3186 AUD
04 February 20241 LYD = 0.3182 AUD
05 February 20241 LYD = 0.3173 AUD
06 February 20241 LYD = 0.3212 AUD
07 February 20241 LYD = 0.3197 AUD
08 February 20241 LYD = 0.3181 AUD
09 February 20241 LYD = 0.3190 AUD
12 February 20241 LYD = 0.3190 AUD
13 February 20241 LYD = 0.3184 AUD
14 February 20241 LYD = 0.3215 AUD
15 February 20241 LYD = 0.3186 AUD
16 February 20241 LYD = 0.3173 AUD
17 February 20241 LYD = 0.3164 AUD
18 February 20241 LYD = 0.3164 AUD
19 February 20241 LYD = 0.3173 AUD
20 February 20241 LYD = 0.3182 AUD
21 February 20241 LYD = 0.3166 AUD
22 February 20241 LYD = 0.3166 AUD
23 February 20241 LYD = 0.3170 AUD
24 February 20241 LYD = 0.3162 AUD
25 February 20241 LYD = 0.3162 AUD
26 February 20241 LYD = 0.3174 AUD
27 February 20241 LYD = 0.3173 AUD
28 February 20241 LYD = 0.3177 AUD
29 February 20241 LYD = 0.3210 AUD

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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