USDLYD Live Chart | USD to LYD | Libyan Dinar by Dinar Guru
The Live Chart and the future forecasts of the Libyan Dinar against the US dollar are given below. Here you can also see live rates of USDLYD i.e USD to LYD. This analysis is given by Dinar Guru.
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Libyan Dinar Forecast | USDLYD Rate Live
If we talk about the long-term return of Libyan Dinar i.e. USDLYD from 2005 to 2021, it has given approximately 300 % returns. The Value of 1 USD was 1.3200 LYD in 2005 and its value is 4.4535 LYD in 2021. But till 2020, its value was wandering around 1.3200 and it suddenly reached above 4.4578 in January 2021. Despite it giving a 300% return in a month, it is still an illiquid and unpredictable currency, it may also fall that much from here. So avoid the investment in this currency. So as far as the long-term investment opportunity of Libyan Dinar is concerned, it is ambiguous.
The worst thing about the Libyan Dinar is it is very illiquid and changes suddenly and abruptly and these kinds of financial instruments behave like double-edged swords, which produces high returns and also results in huge losses. Libyan Dinar is not the last investment opportunity in the world for which you are going crazy.
There are many investment opportunities are available which are way better than the USDLYD to invest. The USDLYD pair is very uncertain and it is regulated by the government bodies, not by the Supply and Demand. Mind one thing that the more government regulations are involved in a financial instrument, the riskier and less profitable is it to invest in it.
It is always wise to invest in a liquid Financial Instrument where you can invest and divest any time where the gap between the bid and ask price is less. So, it is our advice that you should not invest in the Libyan Dinar for few years. The Technical Chart of this Currency pair suggests you should get out from this pair.