Convert Malaysian Ringgit to Libyan Dinar
Please provide values below to convert Malaysian Ringgit [MYR] to Libyan Dinar [LYD], or Convert Libyan Dinar to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Libyan Dinar
1 MYR = 0.779550478997789 LYD
Example: convert 15 MYR to LYD:
15 MYR = 15 × 0.779550478997789 LYD = 11.6932571849668 LYD
Malaysian Ringgit to Libyan Dinar Conversion Table
| Malaysian Ringgit | Libyan Dinar |
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Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.
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.