Historic Libyan dinar South Korean Won

Libyan dinar south korean won history for January 2024. The highest quote for this month is 281.36 (17/01/2024) and the lowest 279 (17/01/2024). The difference between high and low is 0.84.

LYD KRW average rate for January 2024 is 276.48889, the change between 01/01/2024 and 31/01/2024 is -1.21 %.

01 January 20241 LYD = 272.5 KRW
02 January 20241 LYD = 272.3 KRW
03 January 20241 LYD = 275.3 KRW
04 January 20241 LYD = 275.7 KRW
05 January 20241 LYD = 274.3 KRW
06 January 20241 LYD = 274.6 KRW
07 January 20241 LYD = 274.4 KRW
08 January 20241 LYD = 275.9 KRW
09 January 20241 LYD = 274.4 KRW
10 January 20241 LYD = 276.8 KRW
11 January 20241 LYD = 276.2 KRW
12 January 20241 LYD = 275.1 KRW
14 January 20241 LYD = 274.2 KRW
15 January 20241 LYD = 275.8 KRW
16 January 20241 LYD = 276.8 KRW
17 January 20241 LYD = 279.3 KRW
18 January 20241 LYD = 280.0 KRW
19 January 20241 LYD = 278.7 KRW
22 January 20241 LYD = 278.7 KRW
23 January 20241 LYD = 278.9 KRW
24 January 20241 LYD = 279.1 KRW
25 January 20241 LYD = 277.1 KRW
26 January 20241 LYD = 278.9 KRW
28 January 20241 LYD = 277.9 KRW
29 January 20241 LYD = 278.9 KRW
30 January 20241 LYD = 277.8 KRW
31 January 20241 LYD = 275.8 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.