Convert Libyan Dinar to Philippine Peso
Please provide values below to convert Libyan Dinar [LYD] to Philippine Peso [PHP], or Convert Philippine Peso to Libyan Dinar.
How to Convert Libyan Dinar to Philippine Peso
1 LYD = 0.0953245653933894 PHP
Example: convert 15 LYD to PHP:
15 LYD = 15 × 0.0953245653933894 PHP = 1.42986848090084 PHP
Libyan Dinar to Philippine Peso Conversion Table
Libyan Dinar | Philippine 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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.