The exchange rate of the US dollar in the parallel market recorded a sustained rise with a slight decline against the Libyan dinar during trading on Thursday, February 5, 2026, closing in Tripoli at a level of 9.10 dinars.
In other cities, trading showed continued minor disparities between regions, with the closing price in Zliten reaching 9.11 dinars, while it stabilized in Benghazi and Ajdabiya at 9.05 dinars.
Other currencies saw varied performance, as the Euro rose to 10.65 dinars, while the British Pound Sterling declined relatively to 12.00 dinars, according to reports.
In the precious metals market, the price per gram of 18-karat scrap gold fell to 1030 dinars. Prices for foreign remittances continued to record levels higher than cash, with the dollar rate for remittances to Turkey reaching 9.12 dinars, while Dubai remittances recorded 9.13 dinars.
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. Its issuance and value have been heavily influenced by the country’s political history, including the Gaddafi era and the instability following the 2011 civil war.
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, serving as a major port and cultural crossroads. Its historic center, the medina, features architecture reflecting these diverse influences.
Zliten
Zliten is a coastal city in northwestern Libya, historically known for its Roman and Ottoman-era influences. It is particularly famous for the Zliten Mosaic, a well-preserved Roman floor mosaic from the 2nd century AD discovered in a local villa. The city also holds cultural significance as the site of the Zawiyet El-Mahjoub, a traditional Islamic educational institution.
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 the 2011 Libyan Civil War as a key base for the uprising against Muammar Gaddafi.
Ajdabiya
Ajdabiya is a city in northeastern Libya, historically significant as a major crossroads for trans-Saharan trade routes and later as a site of strategic importance during various conflicts, including World War II and the 2011 Libyan Civil War. Its location has made it a recurring focal point for military engagements throughout modern Libyan history.
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, marking a major step in European economic integration following the Maastricht Treaty.
British Pound Sterling
The British Pound Sterling, often simply called the pound, 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 Empire’s economic power, and it remains a major global reserve currency despite the UK’s adoption of decimalisation in 1971.
Turkey
Turkey is a transcontinental nation bridging Europe and Asia, with a rich history rooted in the ancient civilizations of Anatolia and later as the heart of the Byzantine and Ottoman Empires. Its modern identity was forged as a republic in 1923 under Mustafa Kemal Atatürk, blending this deep historical legacy with a contemporary secular state. Key cultural sites include the Hagia Sophia in Istanbul, a monument that has served as a cathedral, mosque, and museum, reflecting the country’s layered past.
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, but it has since strategically diversified its economy into tourism, finance, and trade, becoming famous for its ultramodern architecture and luxury shopping.
