Convert Qatari Rial to Libyan Dinar
Please provide values below to convert Qatari Rial [QAR] to Libyan Dinar [LYD], or Convert Libyan Dinar to Qatari Rial.
How to Convert Qatari Rial to Libyan Dinar
1 QAR = 0.670596904937362 LYD
Example: convert 15 QAR to LYD:
15 QAR = 15 × 0.670596904937362 LYD = 10.0589535740604 LYD
Qatari Rial to Libyan Dinar Conversion Table
Qatari Rial | Libyan Dinar |
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Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.
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.