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.
31/12/2004: Return to the boliviano
Bolivia ended the dollarization period and officially reintroduced the boliviano as the sole legal tender of the country.
31/12/2003: Dollarization crisis
Bolivia experienced a financial crisis, leading to the temporary dollarization of the economy and the use of the US dollar as legal tender.
31/03/1988: Bolivianoization
Bolivianoization was implemented, requiring all contracts and transactions to be conducted in bolivianos instead of foreign currencies.
28/02/1987: Introduction of the second boliviano
A new boliviano, known as the second boliviano (Boliviano de Segunda), was introduced to replace the heavily devalued first boliviano.
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.
31/01/1986: Hyperinflation crisis
Bolivia experienced a severe hyperinflation crisis, leading to the devaluation of the boliviano.
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.
31/12/1962: Monetary reform
The boliviano underwent a monetary reform, with new banknotes and coins being issued.
24/12/1951: Independence of Libya
Libya gains independence from Italy, introducing the Libyan pound as its currency.
31/12/1891: Introduction of Bolivian boliviano
The boliviano was introduced as the official currency of Bolivia, replacing the Bolivian peso.