Abstract: The present invention relates to a lanyard convertible to jewelry. In one embodiment the lanyard includes a Y-shaped neckpiece having two opposing ends which can be detachably secured together to form a loop and a short segment having an end to which an ID badge holder, a jewelry pendant, or other centerpiece may optionally be attached. The lanyard includes a plurality of centerpieces for this purpose. One or more extension pieces having two opposing ends are also provided. The opposing ends of each extension piece can be detachably secured to one another to form bracelets, or they can be detachably inserted between the opposing ends of the neckpiece to facilitate enlarging the loop formed by the neckpiece. Alternatively, the lanyard may include a linear neckpiece instead of a Y-shaped neckpiece and a slide attachment which may be slidably connected to the linear neckpiece for attachment with the centerpieces.