Historic Libyan dinar South African rand

Libyan dinar south african rand history for January 2024. The highest quote for this month is 4.0086 (22/01/2024) and the lowest 3.9723 (22/01/2024). The difference between high and low is 0.91.

LYD ZAR average rate for January 2024 is 3.91796, the change between 01/01/2024 and 31/01/2024 is -1.44 %.

01 January 20241 LYD = 3.849 ZAR
02 January 20241 LYD = 3.852 ZAR
03 January 20241 LYD = 3.906 ZAR
04 January 20241 LYD = 3.931 ZAR
05 January 20241 LYD = 3.909 ZAR
06 January 20241 LYD = 3.899 ZAR
07 January 20241 LYD = 3.899 ZAR
08 January 20241 LYD = 3.922 ZAR
09 January 20241 LYD = 3.884 ZAR
10 January 20241 LYD = 3.909 ZAR
11 January 20241 LYD = 3.906 ZAR
12 January 20241 LYD = 3.909 ZAR
14 January 20241 LYD = 3.885 ZAR
15 January 20241 LYD = 3.909 ZAR
16 January 20241 LYD = 3.912 ZAR
17 January 20241 LYD = 3.958 ZAR
18 January 20241 LYD = 3.975 ZAR
19 January 20241 LYD = 3.942 ZAR
22 January 20241 LYD = 3.973 ZAR
23 January 20241 LYD = 3.999 ZAR
24 January 20241 LYD = 3.949 ZAR
25 January 20241 LYD = 3.933 ZAR
26 January 20241 LYD = 3.942 ZAR
28 January 20241 LYD = 3.904 ZAR
29 January 20241 LYD = 3.914 ZAR
30 January 20241 LYD = 3.912 ZAR
31 January 20241 LYD = 3.904 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 January 2024
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