Historic Libyan dinar Kazakhstani tenge

Libyan dinar kazakhstani tenge history for December 2023. The highest quote for this month is 96.422 (23/12/2023) and the lowest 96.307 (02/12/2023). The difference between high and low is 0.12.

LYD KZT average rate for December 2023 is 95.47393, the change between 01/12/2023 and 31/12/2023 is +0.14 %.

01 December 20231 LYD = 95.81 KZT
02 December 20231 LYD = 96.31 KZT
03 December 20231 LYD = 96.31 KZT
04 December 20231 LYD = 96.14 KZT
05 December 20231 LYD = 95.96 KZT
06 December 20231 LYD = 95.50 KZT
07 December 20231 LYD = 95.39 KZT
08 December 20231 LYD = 94.68 KZT
10 December 20231 LYD = 95.00 KZT
11 December 20231 LYD = 94.89 KZT
12 December 20231 LYD = 95.11 KZT
13 December 20231 LYD = 94.56 KZT
14 December 20231 LYD = 94.80 KZT
15 December 20231 LYD = 95.15 KZT
16 December 20231 LYD = 95.68 KZT
17 December 20231 LYD = 95.68 KZT
18 December 20231 LYD = 95.57 KZT
19 December 20231 LYD = 95.61 KZT
20 December 20231 LYD = 95.31 KZT
21 December 20231 LYD = 94.88 KZT
22 December 20231 LYD = 95.91 KZT
23 December 20231 LYD = 95.49 KZT
24 December 20231 LYD = 95.49 KZT
25 December 20231 LYD = 95.60 KZT
26 December 20231 LYD = 95.54 KZT
27 December 20231 LYD = 95.99 KZT
28 December 20231 LYD = 95.26 KZT
29 December 20231 LYD = 95.67 KZT

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.
LYD KZT July 2023
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