Convert Libyan Dinar to Saudi Riyal
Please provide values below to convert Libyan Dinar [LYD] to Saudi Riyal [SAR], or Convert Saudi Riyal to Libyan Dinar.
How to Convert Libyan Dinar to Saudi Riyal
1 LYD = 1.44746666666667 SAR
Example: convert 15 LYD to SAR:
15 LYD = 15 × 1.44746666666667 SAR = 21.712 SAR
Libyan Dinar to Saudi Riyal Conversion Table
| Libyan Dinar | Saudi Riyal |
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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.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.