Historic South African rand Libyan dinar

South African rand libyan dinar history for February 2024. The highest quote for this month is 0.25672 (17/02/2024) and the lowest 0.25808 (01/02/2024). The difference between high and low is -0.53.

ZAR LYD average rate for February 2024 is 0.25383, the change between 01/02/2024 and 29/02/2024 is +3.4 %.

01 February 20241 ZAR = 0.2579 LYD
02 February 20241 ZAR = 0.2580 LYD
03 February 20241 ZAR = 0.2549 LYD
04 February 20241 ZAR = 0.2554 LYD
05 February 20241 ZAR = 0.2566 LYD
06 February 20241 ZAR = 0.2523 LYD
07 February 20241 ZAR = 0.2546 LYD
08 February 20241 ZAR = 0.2550 LYD
09 February 20241 ZAR = 0.2544 LYD
12 February 20241 ZAR = 0.2531 LYD
13 February 20241 ZAR = 0.2545 LYD
14 February 20241 ZAR = 0.2527 LYD
15 February 20241 ZAR = 0.2538 LYD
16 February 20241 ZAR = 0.2550 LYD
17 February 20241 ZAR = 0.2567 LYD
18 February 20241 ZAR = 0.2567 LYD
19 February 20241 ZAR = 0.2561 LYD
20 February 20241 ZAR = 0.2541 LYD
21 February 20241 ZAR = 0.2549 LYD
22 February 20241 ZAR = 0.2551 LYD
23 February 20241 ZAR = 0.2512 LYD
24 February 20241 ZAR = 0.2500 LYD
25 February 20241 ZAR = 0.2497 LYD
26 February 20241 ZAR = 0.2486 LYD
27 February 20241 ZAR = 0.2509 LYD
28 February 20241 ZAR = 0.2522 LYD
29 February 20241 ZAR = 0.2491 LYD

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.
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