Convert Libyan Dinar to Mexican Peso
Please provide values below to convert Libyan Dinar [LYD] to Mexican Peso [MXN], or Convert Mexican Peso to Libyan Dinar.
How to Convert Libyan Dinar to Mexican Peso
1 LYD = 0.29113611739844 MXN
Example: convert 15 LYD to MXN:
15 LYD = 15 × 0.29113611739844 MXN = 4.3670417609766 MXN
Libyan Dinar to Mexican Peso Conversion Table
| Libyan Dinar | Mexican Peso |
|---|
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.
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.