Currency.Wiki

1 Yemeni Rial to Libyan Dinar

Updated 12 minutes ago
Convert 1 YER:LYD
 YER =
    LYD
 Yemeni Rial =  Libyan Dinars
Trending: YR exchange rates for the last 24 hours
  • YER/USD 0.003994 0.00000000
  • YER/EUR 0.003709 0.00000393
  • YER/JPY 0.611404 0.01819453
  • YER/GBP 0.003183 0.00001857
  • YER/CHF 0.003615 0.00015120
  • YER/MXN 0.067785 -0.00073328
  • YER/INR 0.333055 0.00152399
  • YER/BRL 0.020262 0.00041242
  • YER/CNY 0.028909 0.00045816

YER/LYD exchange rate analysis over the past 90 days

Yemeni Rial to Libyan Dinar exchange rate: Over the last 90 days, the Yemeni Rial weakened by -0.31% against the Libyan Dinar, declining from LD0.0195 to LD0.0194 per Yemeni Rial. This trend reflects the evolving economic dynamics between the Yemen and the Libya. Factors contributing to this weakening may include:

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

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

yer/lyd Historical Chart

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.

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.

Quick Conversion Guide

Frequently Asked Questions

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The Yemeni Rial to Libyan Dinar 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 YER to LYD is LD0.02.
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Yes, our site provides historical charts that show the trends and fluctuations in the Yemeni Rial to Libyan Dinar 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.