Historic Libyan dinar Czech koruna

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.

05/04/2016: End of currency intervention

The Czech National Bank ended its currency intervention policy, allowing the koruna to float freely and be determined by market forces.

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.

06/11/2013: Currency intervention

The Czech National Bank implemented a currency intervention policy to weaken the koruna and stimulate the country's economy.

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.

09/10/2008: Global financial crisis impact

The koruna experienced significant depreciation during the global financial crisis, reflecting the economic challenges faced by the Czech Republic.

30/04/2007: EU membership benefits

The Czech Republic became a member of the European Union's economic and monetary union, allowing for greater stability and cooperation for the koruna.

30/04/2004: EU Accession

The Czech Republic joined the European Union, paving the way for further integration of the koruna with European monetary policies.

30/06/1993: Currency conversion

The Czech Republic adopted a new currency regime, shifting from a fixed exchange rate to a floating exchange rate for the koruna.

07/02/1993: Establishment of Czech koruna

The Czech koruna was introduced as the official currency of the Czech Republic following the dissolution of Czechoslovakia.

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.