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About this currency pair
British Pound Sterling (GBP) — a major international currency
The pound sterling is one of the world’s oldest currencies still in use and remains closely associated with UK prices, wages, banking and financial markets. GBP is also important for travel, ecommerce, invoices, investment reporting and comparisons with EUR and USD, especially because London is a major international financial centre.
Libyan Dinar (LYD) — the currency of Libya
The Libyan dinar replaced the Libyan pound and remains the main reference for domestic prices and state-sector payments. The Libyan Dinar is used in Libya, where it provides the reference for local prices, wages, public payments, bank accounts and invoices. Conversions are commonly used for remittances, import pricing, travel, development projects, commodity trade and comparisons with USD, EUR or regional currencies. The dinar name has roots in older Mediterranean and Middle Eastern monetary history, and is still common across parts of the Arab world.