Tripoli – The parallel market in Libya witnessed a new jump in the US dollar exchange rate on the evening of Saturday, January 10, 2026, recording 8.87 dinars, compared to lower levels at the market’s opening this morning.
According to trading data, the exchange rates at opening were as follows:
- Tripoli: 8.86 dinars
- Benghazi: 8.83 dinars
- Zliten: 8.86 dinars
This increase reflects the continued volatility in the foreign exchange market, as traders await any governmental or banking measures that might limit the gap between the official and parallel markets.
Tripoli
Tripoli is the capital and largest city of Libya, located on the country’s Mediterranean coast. Historically, it was founded by the Phoenicians in the 7th century BC and has since been ruled by the Romans, Arabs, Ottomans, and Italians, which is reflected in its diverse architecture like the ancient Red Castle (Assaraya al-Hamra).
Libya
Libya is a North African country with a rich history rooted in ancient civilizations like the Phoenicians and Romans, followed by centuries of Arab and Ottoman influence. In the modern era, it was an Italian colony before gaining independence in 1951, later becoming known for Muammar Gaddafi’s lengthy rule from 1969 until the 2011 revolution. Its cultural sites include the extensive Roman ruins at Leptis Magna, a UNESCO World Heritage site.
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. It played a pivotal role in Libya’s modern history, serving as a co-capital and a focal point during the 2011 revolution.
Zliten
Zliten is a city in northwestern Libya, historically known for its ancient Roman ruins, including the Villa of Omira and a well-preserved mausoleum. It is also notable as a center of Islamic learning, home to the Zliten Mosque and the Zawiya of Abdullah al-Shaab, which date back to the 16th century.
