Euro to Libyan Dinar — exchange rate

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More

Country of Circulation: Libya

Currency Code, Symbol: LYD, LD

Denominations of coins in circulation: 50, 100 dirhams, ¼, ½ dinar

Denominations of banknotes in circulation: 1, 5, 10, 20, 50 dinars

History: The Libyan dinar (LD) is the currency of Libya, a North African state. Today, it is only issued and circulated within this country. On international financial markets, it is called LYD.The Libyan dinar is subdivided into dirhams. One LYD equals 100 dirhams. The currency has first been issued in 1971. Prior to that, Libya used the Libyan pound. Before having its own currency, the state used foreign currencies: Italian livres, Algerian francs, and Egyptian pounds.Read More