Trading on Thursday, December 25, 2025, concluded in the parallel market with the US dollar continuing its rise against the Libyan dinar, as the closing price in Tripoli reached 8.625 dinars.
In Zliten, the closing price was 8.635 dinars, the same price recorded in Benghazi, indicating a slight variation between cities with a general upward trend.
Other foreign currencies also reached high levels, with the Euro reaching 9.960 dinars and the British Pound reaching 11.30 dinars, according to specialized exchange rate platforms.
In the precious metals market, the price of an 18-karat scrap gold gram rose to 902 dinars, while external remittance prices remained close to the cash rate, with the remittance dollar to Turkey at 8.615 dinars and to Dubai at 8.605 dinars.
🔎 Market Movement Implications:
- High demand for foreign currency is pushing prices upward despite minor differences between cities.
- A general upward trend includes the dollar and other major currencies, reflecting pressure on the dinar.
- The convergence of remittance prices with cash rates indicates strong activity in the parallel market and relative stability in profit margins.
US dollar
The US dollar is the official currency of the United States, established by the Coinage Act of 1792. It evolved from a system based on Spanish milled dollars and has become the world’s primary reserve currency since the 1944 Bretton Woods Agreement.
Libyan dinar
The Libyan dinar is the official currency of Libya, introduced in 1971 to replace the Libyan pound. Its issuance and value have been heavily influenced by the country’s political history, including the Gaddafi era and the subsequent instability following the 2011 revolution.
Tripoli
Tripoli is the capital and largest city of Libya, with a history dating back to the 7th century BC when it was founded by the Phoenicians. It later came under Roman, Byzantine, Arab, Ottoman, and Italian rule, which is reflected in its historic architecture, such as the Red Castle (Assaraya al-Hamra) and the old medina.
Zliten
Zliten is a coastal city in northwestern Libya, historically known for its Roman-era ruins and as a center of Islamic learning. It is particularly famous for the Zliten Mosaic, a well-preserved Roman floor mosaic from the 2nd century AD discovered in a villa, depicting scenes of daily life and mythology. The city also holds cultural significance for the Zawiya of Sidi Abd as-Salam al-Asmar, a 15th-century religious school and mausoleum that was a key educational institution in the region.
Benghazi
Benghazi is a major city in eastern Libya, historically significant as a center of trade and culture since its founding as the Greek colony of Euesperides in the 6th century BC. It later served as the provisional capital of Libya after the 2011 revolution and has been a focal point of the country’s modern political upheavals.
Euro
The Euro is the official currency of the Eurozone, which consists of 20 of the 27 member states of the European Union. It was introduced in non-physical form in 1999 and as physical banknotes and coins in 2002, with the goal of fostering economic integration and stability across Europe.
British Pound
The British Pound, officially known as the pound sterling, is the world’s oldest currency still in use, with origins tracing back to Anglo-Saxon times. It was historically linked to silver and later gold, and it remains the official currency of the United Kingdom and its territories.
Turkey
Turkey is a transcontinental nation bridging Europe and Asia, with a rich history rooted in the ancient Anatolian civilizations, the Byzantine Empire, and later the powerful Ottoman Empire, which was succeeded by the modern Republic of Turkey in 1923. Its cultural landscape is a profound blend of these influences, visible in iconic sites like the Hagia Sophia in Istanbul and the ancient ruins of Ephesus.
Dubai
Dubai is a major global city and emirate in the United Arab Emirates, historically known as a small fishing and pearling village. Its modern transformation began with the discovery of oil in the 1960s, which funded massive infrastructure projects and its development into a hub for trade, tourism, and finance. Today, it is famous for its ultramodern architecture, luxury shopping, and ambitious landmarks like the Burj Khalifa.
