Libyan Dinar

Libyan Dinar

The dinar (Arabic: دينار‎ dīnār) is the currency of Libya. Its ISO 4217 code is "LYD". The dinar is subdivided into 1000 dirham (درهم). It was introduced in September 1971 and replaced the pound at par. It is issued by the Central Bank of Libya, which also supervises the banking system and regulates credit. In 1972, the Libyan Arab Foreign Bank was established to deal with overseas investment. Ali Mohammed Salem, deputy governor of Central Bank of Libya stated the exchange rate of Libyan dinar would be pegged to special drawing rights for one to three years, according to an interview to Reuters on 27 December 2011.

Australian Dollar

Australian Dollar

The Australian dollar (sign: $; code: AUD) is the currency of the Commonwealth of Australia, including its external territories Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru, Tonga, Tuvalu, and Vanuatu. The Australian dollar was legal tender of Papua New Guinea until 1 January 1976, when the Papua New Guinean kina became the sole legal tender. Within Australia, it is almost always abbreviated with the dollar sign ($), with A$ or AU$ sometimes used to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. In 2016, the Australian dollar was the fifth most traded currency in the world, accounting for 6.9% of the world's daily share (down from 8.6% in 2013). It trades in the world foreign exchange markets behind the US dollar, the euro, the yen and the pound sterling. The Australian dollar is popular with currency traders, because of the comparatively high interest rates in Australia, the relative freedom of the foreign exchange market from government intervention, the general stability of Australia's economy and political system, and the prevailing view that the Australian dollar offers diversification benefits in a portfolio containing the major world currencies, especially because of its greater exposure to Asian economies and the commodities cycle. The currency is commonly referred to by foreign-exchange traders as the "Aussie dollar".

1 Libyan Dinar to Australian Dollar exchange rates chart

1 LYD to AUD exchange rates graph
1 LYD to AUD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1 LYD to AUD exchange rates table

Exchange LYD to AUD
1 Libyan Dinar = 0.995 Australian Dollar
2 Libyan Dinar = 1.990 Australian Dollar
5 Libyan Dinar = 4.976 Australian Dollar
10 Libyan Dinar = 9.951 Australian Dollar
Exchange Libyan Dinar to Australian Dollar
1 Libyan Dinar to Australian Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

1 LYD to AUD exchange rates news

Mitiga Airport closed after a night of falling rockets | The Libya Observer

The Airports Authority ordered Tuesday night a closure of Mitiga Airport after indiscriminate rockets fell on the airport with no reports of damage. Sources from Mitiga Airport confirmed that all airplanes were safe and have been moved to Misrata Airport where scheduled flights will commence from there. The sources added that the Civil Aviation Authority will issue a Notice to

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War-torn Libya plans an election

SAIF AL-ISLAM QADDAFI is determined not to let a death sentence stop him from running for president. The son of Libya’s deposed dictator was captured after the revolution in 2011 and later condemned by the government in Tripoli (his father was killed by a mob). But the militia that held Saif ignored the sentence and released him.

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News Recap - Wed, Sep 19, 2018 | The Libya Observer

Here is a recap of Wednesday’s news headlines from The Libya Observer     Exchange Rates http://lyo.ly/5ac   At least one dead and 5 wounded in Tuesday clashes in Tripoli, First Aid and Emergency Service confirmed http://lyo.ly/aq0

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Why Gaddafi's Gold Dinars, Petro-Yuan Pose No Threat to US Dollar Dominance… Yet

Speaking to Sputnik, Wall Street analyst Charles Ortel argues that the Chinese petro-yuan can't compete with the petrodollar as long as China is not a major energy producer. Similarly, the analyst and CNTV Panview commentator Tom McGregor cast doubt upon the potential efficiency of Gaddafi's old plan to make the Libyan dinar a gold-backed currency.

conditional neutral
Australian dollar slides
Australian dollar slides

Aussie dollar falls against the greenback.

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$A near multi-month highs amid Fed caution - 9Finance

Flaring Sino-US trade tensions have kept the Aussie dollar off its high, but the currency is still at a mul...

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Aussie, kiwi near multi-month highs as Fed caution weighs on dollar

SYDNEY, Nov 19- The Australia and New Zealand dollars held near multi-month peaks on Monday as the greenback stumbled on concerns about slowing.

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1 LYD to AUD currency converter