Historic Libyan dinar Australian dollar

Libyan dinar australian dollar history for January 2024. The highest quote for this month is 0.31925 (17/01/2024) and the lowest 0.31761 (18/01/2024). The difference between high and low is 0.51.

LYD AUD average rate for January 2024 is 0.31407, the change between 01/01/2024 and 31/01/2024 is -2.07 %.

01 January 20241 LYD = 0.3089 AUD
02 January 20241 LYD = 0.3090 AUD
03 January 20241 LYD = 0.3112 AUD
04 January 20241 LYD = 0.3125 AUD
05 January 20241 LYD = 0.3119 AUD
06 January 20241 LYD = 0.3109 AUD
07 January 20241 LYD = 0.3109 AUD
08 January 20241 LYD = 0.3128 AUD
09 January 20241 LYD = 0.3113 AUD
10 January 20241 LYD = 0.3137 AUD
11 January 20241 LYD = 0.3127 AUD
12 January 20241 LYD = 0.3130 AUD
14 January 20241 LYD = 0.3122 AUD
15 January 20241 LYD = 0.3140 AUD
16 January 20241 LYD = 0.3154 AUD
17 January 20241 LYD = 0.3169 AUD
18 January 20241 LYD = 0.3180 AUD
19 January 20241 LYD = 0.3165 AUD
22 January 20241 LYD = 0.3169 AUD
23 January 20241 LYD = 0.3171 AUD
24 January 20241 LYD = 0.3170 AUD
25 January 20241 LYD = 0.3168 AUD
26 January 20241 LYD = 0.3170 AUD
28 January 20241 LYD = 0.3160 AUD
29 January 20241 LYD = 0.3172 AUD
30 January 20241 LYD = 0.3150 AUD
31 January 20241 LYD = 0.3153 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.