Convert Libyan Dinar to Nigerian Naira
Please provide values below to convert Libyan Dinar [LYD] to Nigerian Naira [NGN], or Convert Nigerian Naira to Libyan Dinar.
How to Convert Libyan Dinar to Nigerian Naira
1 LYD = 0.00354608330591129 NGN
Example: convert 15 LYD to NGN:
15 LYD = 15 × 0.00354608330591129 NGN = 0.0531912495886694 NGN
Libyan Dinar to Nigerian Naira Conversion Table
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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.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.