Historic Nigerian Naira Libyan dinar

Nigerian Naira libyan dinar history for February 2024. The highest quote for this month is 0.004032 (01/02/2024) and the lowest 0.004018 (01/02/2024). The difference between high and low is 0.35.

NGN LYD average rate for February 2024 is 0.0033, the change between 01/02/2024 and 29/02/2024 is +26.82 %.

01 February 20241 NGN = 0.0040 LYD
02 February 20241 NGN = 0.0040 LYD
03 February 20241 NGN = 0.0034 LYD
04 February 20241 NGN = 0.0034 LYD
05 February 20241 NGN = 0.0041 LYD
06 February 20241 NGN = 0.0034 LYD
07 February 20241 NGN = 0.0034 LYD
08 February 20241 NGN = 0.0034 LYD
09 February 20241 NGN = 0.0034 LYD
12 February 20241 NGN = 0.0033 LYD
13 February 20241 NGN = 0.0032 LYD
14 February 20241 NGN = 0.0032 LYD
15 February 20241 NGN = 0.0032 LYD
16 February 20241 NGN = 0.0032 LYD
17 February 20241 NGN = 0.0032 LYD
18 February 20241 NGN = 0.0032 LYD
19 February 20241 NGN = 0.0032 LYD
20 February 20241 NGN = 0.0032 LYD
21 February 20241 NGN = 0.0030 LYD
22 February 20241 NGN = 0.0030 LYD
23 February 20241 NGN = 0.0030 LYD
24 February 20241 NGN = 0.0032 LYD
25 February 20241 NGN = 0.0032 LYD
26 February 20241 NGN = 0.0030 LYD
27 February 20241 NGN = 0.0031 LYD
28 February 20241 NGN = 0.0030 LYD
29 February 20241 NGN = 0.0029 LYD

20/03/2020: Impact of COVID-19 Pandemic

The outbreak of the COVID-19 pandemic resulted in a significant decline in oil prices, affecting Nigeria's economy and putting pressure on the Naira's exchange rate.

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.

20/06/2016: Adoption of Flexible Exchange Rate Policy

The Central Bank of Nigeria adopted a flexible exchange rate policy, allowing the Naira to float freely against other currencies based on market forces.

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.

29/05/1999: Transition to Democratic Governance

Nigeria transitioned to democratic governance, leading to economic reforms and stability, positively affecting the value and management of the Naira currency.

12/06/1993: Introduction of the Third Nigerian Naira

The third Nigerian Naira (NGN) was introduced after the country's return to civilian rule following years of military regimes.

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.

31/12/1984: Implementation of the Structural Adjustment Program

The Nigerian government implemented the Structural Adjustment Program, leading to a significant devaluation of the Naira and the adoption of a floating exchange rate.

01/07/1979: Adoption of the Second Nigerian Naira

The second Nigerian Naira (NGN) was introduced following the adoption of a new constitution and the country's transition to civilian rule.

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.

01/07/1973: Introduction of decimal currency

The Nigerian Naira was introduced as the official currency of Nigeria, replacing the pound sterling with a decimal currency system.

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.

24/12/1951: Independence of Libya

Libya gains independence from Italy, introducing the Libyan pound as its currency.
NGN LYD January 2024
NGN LYD February 2024
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NGN LYD December 2024
NGN LYD January 2025