Convert Libyan Dinar to Malaysian Ringgit
Please provide values below to convert Libyan Dinar [LYD] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Libyan Dinar.
How to Convert Libyan Dinar to Malaysian Ringgit
1 LYD = 1.28279056577019 MYR
Example: convert 15 LYD to MYR:
15 LYD = 15 × 1.28279056577019 MYR = 19.2418584865529 MYR
Libyan Dinar to Malaysian Ringgit Conversion Table
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Libyan Dinar
The Libyan Dinar (LYD) is the official currency of Libya, used for all monetary transactions within the country.
History/Origin
The Libyan Dinar was introduced in 1971, replacing the Libyan Pound at par, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the LYD is actively used in Libya for everyday transactions, banking, and international trade, with the Central Bank of Libya managing its issuance and regulation.
Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.