Convert Euro to Libyan Dinar
Please provide values below to convert Euro [EUR] to Libyan Dinar [LYD], or Convert Libyan Dinar to Euro.
How to Convert Euro to Libyan Dinar
1 EUR = 0.157092851879145 LYD
Example: convert 15 EUR to LYD:
15 EUR = 15 × 0.157092851879145 LYD = 2.35639277818718 LYD
Euro to Libyan Dinar Conversion Table
Euro | Libyan Dinar |
---|
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.
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.