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Easily convert LYD to IQD with ConvertOnline's efficient tool.
The Libyan Dinar (LYD) is the official currency of Libya, introduced in 1971 to replace the Libyan pound. It is subdivided into 1,000 dirhams and is used as a medium of exchange for goods and services within the country. The dinar operates under the regulation of the Central Bank of Libya and plays a crucial role in the country's economy.
The Iraqi Dinar (IQD) is the official currency of Iraq, used for all forms of monetary transactions within the country. It is subdivided into 1,000 fils and is issued by the Central Bank of Iraq, which manages the country's monetary policy and regulates the currency's supply.