Convert Australian Dollar to Libyan Dinar
Please provide values below to convert Australian Dollar [AUD] to Libyan Dinar [LYD], or Convert Libyan Dinar to Australian Dollar.
How to Convert Australian Dollar to Libyan Dinar
1 AUD = 0.281724392041267 LYD
Example: convert 15 AUD to LYD:
15 AUD = 15 × 0.281724392041267 LYD = 4.22586588061901 LYD
Australian Dollar to Libyan Dinar Conversion Table
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Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.
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.