Convert Saudi Riyal to Libyan Dinar
Please provide values below to convert Saudi Riyal [SAR] to Libyan Dinar [LYD], or Convert Libyan Dinar to Saudi Riyal.
How to Convert Saudi Riyal to Libyan Dinar
1 SAR = 0.690862196020634 LYD
Example: convert 15 SAR to LYD:
15 SAR = 15 × 0.690862196020634 LYD = 10.3629329403095 LYD
Saudi Riyal to Libyan Dinar Conversion Table
| Saudi Riyal | Libyan Dinar |
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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.
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.