Currency.Wiki

1 Libyan Dinar to Yemeni Rial

Updated 1 minute ago
Convert 1 LYD:YER
 LYD =
    YER
 Libyan Dinar =  Yemeni Rials
Trending: LD exchange rates for the last 24 hours
  • LYD/USD 0.205166 -0.00230305
  • LYD/EUR 0.191287 0.00031063
  • LYD/JPY 31.928460 1.18468438
  • LYD/GBP 0.164188 0.00095548
  • LYD/CHF 0.187275 0.00811252
  • LYD/MXN 3.500322 -0.05992726
  • LYD/INR 17.104013 -0.14032338
  • LYD/BRL 1.056030 0.03609180
  • LYD/CNY 1.486796 0.01428536

LYD/YER exchange rate analysis over the past 90 days

Libyan Dinar to Yemeni Rial exchange rate: Over the last 90 days, the Libyan Dinar weakened by -1.10% against the Yemeni Rial, declining from YR51.9398 to YR51.3735 per Libyan Dinar. This trend reflects the evolving economic dynamics between the Libya and the Yemen. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Libya and Yemen.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Libya and Yemen.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Libya or Yemen.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Libya relative to the Yemen.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

lyd/yer Historical Chart

LD
Libyan Dinar Currency

Country: Libya

Symbol: LD

ISO Code: LYD

Bank: Central Bank of Libya

Interesting fact about Libyan Dinar

The Libyan Dinar (LYD) is the currency of Libya. It was introduced in 1971, replacing the Libyan pound. The LYD is managed by the Central Bank of Libya and is denoted by the symbol "LD". It holds significance in Libya as the official medium of exchange for goods and services, plays a role in the country's economy, and reflects the financial stability of the nation.

YR
Yemeni Rial Currency

Country: Yemen

Symbol: YR

ISO Code: YER

Bank: Central Bank of Yemen

Interesting fact about Yemeni Rial

The Yemeni Rial (YER) is the official currency of Yemen. It was introduced in 1996, replacing the North Yemeni rial and the South Yemeni dinar. With a fixed exchange rate since 2018, it has devalued significantly due to the ongoing civil war and economic crisis. The YER's significance lies in its role as the primary medium of exchange in Yemen's struggling economy, affected by inflation and a shortage of basic necessities.

Quick Conversion Guide

Frequently Asked Questions

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The Libyan Dinar to Yemeni Rial exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 LYD to YER is YR51.37.
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Yes, our site provides historical charts that show the trends and fluctuations in the Libyan Dinar to Yemeni Rial exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.