Convert United States Dollar to Libyan Dinar
Please provide values below to convert United States Dollar [USD] to Libyan Dinar [LYD], or Convert Libyan Dinar to United States Dollar.
How to Convert United States Dollar to Libyan Dinar
1 USD = 0.184229918938836 LYD
Example: convert 15 USD to LYD:
15 USD = 15 × 0.184229918938836 LYD = 2.76344878408254 LYD
United States Dollar to Libyan Dinar Conversion Table
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
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.