Historic Libyan dinar South African rand

Libyan dinar south african rand history for November 2023. The highest quote for this month is 3.9711 (30/11/2023) and the lowest 3.9177 (24/11/2023). The difference between high and low is 1.34.

LYD ZAR average rate for November 2023 is 3.84063, the change between 01/11/2023 and 30/11/2023 is -2.49 %.

01 November 20231 LYD = 3.823 ZAR
02 November 20231 LYD = 3.796 ZAR
03 November 20231 LYD = 3.787 ZAR
06 November 20231 LYD = 3.788 ZAR
07 November 20231 LYD = 3.787 ZAR
08 November 20231 LYD = 3.796 ZAR
09 November 20231 LYD = 3.795 ZAR
10 November 20231 LYD = 3.846 ZAR
12 November 20231 LYD = 3.855 ZAR
13 November 20231 LYD = 3.882 ZAR
14 November 20231 LYD = 3.843 ZAR
15 November 20231 LYD = 3.757 ZAR
16 November 20231 LYD = 3.741 ZAR
17 November 20231 LYD = 3.818 ZAR
18 November 20231 LYD = 3.800 ZAR
19 November 20231 LYD = 3.800 ZAR
20 November 20231 LYD = 3.824 ZAR
21 November 20231 LYD = 3.818 ZAR
22 November 20231 LYD = 3.885 ZAR
23 November 20231 LYD = 3.948 ZAR
24 November 20231 LYD = 3.922 ZAR
26 November 20231 LYD = 3.916 ZAR
27 November 20231 LYD = 3.934 ZAR
28 November 20231 LYD = 3.884 ZAR
29 November 20231 LYD = 3.894 ZAR
30 November 20231 LYD = 3.918 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.