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LYD
Lyd or LYD may refer to: * LYD, the abbreviation for a Libyan dinar * PKP class Lyd2, a diesel hydraulic locomotive * Lyd (locomotive), a 2010-built narrow-gauge steam locomotive based on a design for the Lynton and Barnstaple Railway * River Lyd (other), the name of two rivers in England * A common diminutive of Lydia Lydia (; ) was an Iron Age Monarchy, kingdom situated in western Anatolia, in modern-day Turkey. Later, it became an important province of the Achaemenid Empire and then the Roman Empire. Its capital was Sardis. At some point before 800 BC, ...
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Libyan Dinar
The dinar ( (); sign: LD in Latin, ل.د in Arabic; code: LYD) is the official currency of Libya. The dinar is divided into 1,000 dirhams (). It is issued by the Central Bank of Libya, which also supervises the banking system and regulates credit. History It was introduced in September 1971 and replaced the pound at par. The currency was pegged to the special drawing rights at a rate of 2.80 SDRs per dinar. In 1972, the Libyan Arab Foreign Bank was established to deal with overseas investment. In February 1973, the dinar was pegged to the US dollar at a rate of 0.29679 dinar per dollar (LD 1 = US$3.37), which was maintained until 1986. The peg was switched to the special drawing rights on 18 March 1986, with 1 dinar = 2.80 SDRs. On 1 May 1986, the dinar was allowed to trade in a 7.5% range of 2.80 SDRs. This range was expanded several times. The currency started to devalue gradually relative to the US dollar in the mid-1990s, reaching a value of US$1.55 in 20 ...
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