Convert Libyan Dinar to Azerbaijani Manat
Convert Libyan Dinar (LYD) to Azerbaijani Manat (AZN) using daily updated exchange rates.
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Exchange Rate
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About Libyan Dinar
The Libyan Dinar (LYD) is the official currency of Libya, one of Africa's largest oil producers with proven reserves among the continent's largest. Introduced in 1971 to replace the Libyan pound, the dinar operates under a fixed official exchange rate managed by the Central Bank of Libya. Libya's monetary system has been significantly disrupted by the ongoing political instability and civil conflict that began in 2011 with the fall of Muammar Gaddafi's government. There have at times been two competing central banks issuing currency.
About Azerbaijani Manat
The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, reintroduced as the "new manat" in 2006 to replace the old manat at a rate of 5,000 to 1. The Central Bank of the Republic of Azerbaijan issues the manat, which is divided into 100 qapik. Azerbaijan's economy is strongly driven by oil and natural gas exports from the Caspian Sea region, making the manat's value closely tied to energy commodity prices. The currency experienced a significant devaluation in 2015-2016 when oil prices fell sharply. The manat's name derives from the Russian word for "coin".
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).