Historic Libyan dinar South African rand

Libyan dinar south african rand history for February 2024. The highest quote for this month is 4.0228 (23/02/2024) and the lowest 4.0048 (26/02/2024). The difference between high and low is 0.45.

LYD ZAR average rate for February 2024 is 3.94004, the change between 01/02/2024 and 29/02/2024 is -3.52 %.

01 February 20241 LYD = 3.878 ZAR
02 February 20241 LYD = 3.876 ZAR
03 February 20241 LYD = 3.924 ZAR
04 February 20241 LYD = 3.916 ZAR
05 February 20241 LYD = 3.898 ZAR
06 February 20241 LYD = 3.964 ZAR
07 February 20241 LYD = 3.929 ZAR
08 February 20241 LYD = 3.921 ZAR
09 February 20241 LYD = 3.931 ZAR
12 February 20241 LYD = 3.950 ZAR
13 February 20241 LYD = 3.929 ZAR
14 February 20241 LYD = 3.958 ZAR
15 February 20241 LYD = 3.940 ZAR
16 February 20241 LYD = 3.921 ZAR
17 February 20241 LYD = 3.895 ZAR
18 February 20241 LYD = 3.895 ZAR
19 February 20241 LYD = 3.905 ZAR
20 February 20241 LYD = 3.936 ZAR
21 February 20241 LYD = 3.923 ZAR
22 February 20241 LYD = 3.920 ZAR
23 February 20241 LYD = 3.981 ZAR
24 February 20241 LYD = 4.000 ZAR
25 February 20241 LYD = 4.006 ZAR
26 February 20241 LYD = 4.023 ZAR
27 February 20241 LYD = 3.986 ZAR
28 February 20241 LYD = 3.965 ZAR
29 February 20241 LYD = 4.014 ZAR

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

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.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

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.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

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.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

24/12/1951: Independence of Libya

Libya gains independence from Italy, introducing the Libyan pound as its currency.
LYD ZAR July 2023
LYD ZAR August 2023
LYD ZAR September 2023
LYD ZAR October 2023
LYD ZAR November 2023
LYD ZAR December 2023
LYD ZAR January 2024
LYD ZAR February 2024
LYD ZAR March 2024
LYD ZAR April 2024
LYD ZAR May 2024
LYD ZAR June 2024
LYD ZAR July 2024