Convert New Taiwan Dollar to Libyan Dinar
Please provide values below to convert New Taiwan Dollar [TWD] to Libyan Dinar [LYD], or Convert Libyan Dinar to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Libyan Dinar
1 TWD = 5.40991156963891 LYD
Example: convert 15 TWD to LYD:
15 TWD = 15 × 5.40991156963891 LYD = 81.1486735445836 LYD
New Taiwan Dollar to Libyan Dinar Conversion Table
| New Taiwan Dollar | Libyan Dinar |
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
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.