Sunday, December 28, 2025, trading in the parallel market concluded with the US dollar continuing its rise against the Libyan dinar. The closing price in Tripoli was 8.66 dinars, rising to 8.70 dinars in trading rooms.
In Zliten, the closing price reached 8.67 dinars, while prices in Benghazi and Ajdabiya stabilized at 8.65 dinars. The price differences between cities remained limited, with the overall trend continuing upward.
Other foreign currencies also maintained high levels, with the Euro reaching 10.00 dinars and the British Pound Sterling climbing to 11.40 dinars, according to specialized exchange rate platforms.
In the precious metals market, the price of an 18-karat scrap gold gram rose to 918 dinars. Meanwhile, external remittance prices remained close to the cash rate, with the remittance dollar to Turkey at 8.650 dinars and to Dubai at 8.64 dinars.
🔎 Key Market Movement Indicators:
- Continued high demand for foreign currency is pushing prices upward despite minor differences between cities.
- The upward trend includes the dollar and most major currencies, reflecting increasing pressure on the dinar.
- The convergence of remittance prices with cash rates indicates clear 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 Bretton Woods Agreement in 1944.
Libyan dinar
The Libyan dinar is the official currency of Libya, introduced in 1971 to replace the Libyan pound. It was established following the country’s independence and the rise of the Libyan Arab Republic, centralizing the monetary system.
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 discovered in 1913-1914 that dates back to around the 2nd century AD. The city is also home to the Zawiya of Sidi Abd as-Salam al-Asmar, a significant 15th-century religious school and mausoleum that has been a key site for the spread of Sufi Islam in the region.
Benghazi
Benghazi is a major city in Libya, historically significant as a center of trade and culture since its founding as the Greek colony of Eutropia. It played a pivotal role in Libya’s modern history, serving as the provisional capital after the 2011 revolution and being a key site during the Second World War.
Ajdabiya
Ajdabiya is a city in northeastern Libya, historically significant as a major crossroads for trans-Saharan trade routes and a center for the Senussi religious movement. It gained modern prominence during the 2011 Libyan Civil War as a key battleground between rebel and loyalist forces.
Euro
The Euro is the official currency of the Eurozone, which consists of 20 member states of the European Union. It was introduced in non-physical form in 1999 and as banknotes and coins in 2002, marking a major step in European economic integration. Its creation was driven by the goal of fostering stability, economic cooperation, and a unified identity within the participating nations.
British Pound Sterling
The British Pound Sterling, often symbolized as £, is the official currency of the United Kingdom and is the world’s oldest currency still in use, with origins tracing back over 1,200 years. Its history is deeply tied to the British monarchy and economic power, evolving from a system based on silver pennies to the modern decimalized banknotes and coins introduced in 1971.
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 lasted for over six centuries until the establishment of the modern Republic of Turkey in 1923. Its cultural landscape is a unique fusion of these influences, visible in iconic sites like the Hagia Sophia in Istanbul, which has served as a cathedral, mosque, and now a museum.
Dubai
Dubai is a major global city and emirate in the United Arab Emirates, historically a small fishing village and trading port. Its modern transformation began in the late 20th century, fueled by oil revenue and ambitious development, leading to its current status as a hub for tourism, finance, and luxury. It is renowned for iconic landmarks like the Burj Khalifa, the world’s tallest building, and artificial islands such as The Palm Jumeirah.
