Historic Libyan dinar South Korean Won

Libyan dinar south korean won history for February 2024. The highest quote for this month is 278.72 (02/02/2024) and the lowest 277.43 (04/02/2024). The difference between high and low is 0.46.

LYD KRW average rate for February 2024 is 276.52593, the change between 01/02/2024 and 29/02/2024 is -0.04 %.

01 February 20241 LYD = 277.9 KRW
02 February 20241 LYD = 277.4 KRW
03 February 20241 LYD = 277.8 KRW
04 February 20241 LYD = 277.4 KRW
05 February 20241 LYD = 276.1 KRW
06 February 20241 LYD = 277.5 KRW
07 February 20241 LYD = 277.0 KRW
08 February 20241 LYD = 275.4 KRW
09 February 20241 LYD = 276.0 KRW
12 February 20241 LYD = 276.9 KRW
13 February 20241 LYD = 276.2 KRW
14 February 20241 LYD = 278.2 KRW
15 February 20241 LYD = 274.5 KRW
16 February 20241 LYD = 274.9 KRW
17 February 20241 LYD = 275.2 KRW
18 February 20241 LYD = 275.2 KRW
19 February 20241 LYD = 276.2 KRW
20 February 20241 LYD = 277.1 KRW
21 February 20241 LYD = 276.7 KRW
22 February 20241 LYD = 276.5 KRW
23 February 20241 LYD = 275.9 KRW
24 February 20241 LYD = 276.0 KRW
25 February 20241 LYD = 276.0 KRW
26 February 20241 LYD = 277.2 KRW
27 February 20241 LYD = 276.3 KRW
28 February 20241 LYD = 276.9 KRW
29 February 20241 LYD = 278.0 KRW

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.

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

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.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

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.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

24/12/1951: Independence of Libya

Libya gains independence from Italy, introducing the Libyan pound as its currency.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.
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