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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 United States Dollar (USD) is the official currency of the United States and is widely used as a global reserve currency. It plays a crucial role in international trade and finance, serving as a standard unit of account for many countries around the world.