Convert Libyan Dinar to Algerian Dinar
Convert Libyan Dinar (LYD) to Algerian Dinar (DZD) 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 Algerian Dinar
The Algerian Dinar (DZD) has been the official currency of Algeria since 1964, replacing the Algerian franc used during the French colonial period. The Banque d'Algerie manages monetary policy. Algeria is the largest country in Africa by land area and holds significant hydrocarbon reserves - oil and natural gas account for the majority of government revenues and export earnings. The dinar operates under a managed float exchange regime and is not freely convertible. Algeria has used foreign exchange controls and import restrictions to manage its balance of payments.
Quick Reference Table
| Libyan Dinar (LYD) | Algerian Dinar (DZD) |
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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).