The US dollar exchange rate recorded a decline against the Libyan dinar at the close of trading on Thursday, February 19, 2026, ending its upward trend that had lasted for weeks and during which it reached its highest level in ten years. The dollar closed in Tripoli at 9.80 dinars, the same level recorded in exchange office trading.
Minor Differences Between Regions
Differences remained limited between regions, with the closing price in Zliten reaching about 9.81 dinars, while it stabilized in Benghazi and Ajdabiya at 9.79 dinars. This relative decline came amid expectations of the impact of anticipated changes to the personal purposes system and the expansion of exchange company powers, which contributed to a limited calming of prices.
Foreign Currencies
Foreign currencies continued to record high levels despite relative stability, as the euro price fell to 11.39 dinars, while the British pound price reached about 12.90 dinars.
Gold and Transfers
In the precious metals market, the price of a gram of 18-karat scrap gold recorded 1160 dinars. Conversely, prices for external remittances continued at levels higher than cash, with the dollar price for transfers to Turkey at 9.80 dinars and to Dubai at 9.85 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 the mid-20th century.
Libyan dinar
The Libyan dinar is the official currency of Libya, introduced in 1971 to replace the Libyan pound. Its issuance is managed by the Central Bank of Libya, and its history is closely tied to the country’s political and economic changes, particularly following the discovery of oil.
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 became a significant Roman city and a major center under various empires, including the Ottoman, before becoming Libya’s modern capital. The city’s historic core, the Medina, features well-preserved examples of its diverse architectural and cultural past.
Zliten
Zliten is a coastal city in northwestern Libya, historically known for the ancient Roman city of Lpcis Minor located nearby. It is also notable for the Zliten Mosque, which dates back to the 10th century and features a distinctive minaret and historic Islamic manuscripts.
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, serving as the seat of the interim government that opposed Muammar Gaddafi’s rule.
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 in the 19th and early 20th centuries. It later became a strategic location during the Libyan Civil War in 2011.
euro
The Euro is the official currency of the Eurozone, a monetary union of 20 European Union member states. It was introduced in non-physical form in 1999 and as banknotes and coins in 2002, replacing many national currencies to facilitate economic integration and stability.
British pound
The British pound sterling 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 name derives from the historical value of a pound weight of sterling silver, and it has been a central instrument of British economic power and global trade for centuries.
Turkey
Turkey is a transcontinental nation bridging Europe and Asia, with a rich history as the heart of the Byzantine and Ottoman Empires. Its cultural sites, such as the Hagia Sophia in Istanbul and the ancient ruins of Ephesus, reflect this layered past, from classical antiquity through to its establishment as the modern Republic of Turkey in 1923.
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 into a hub for tourism, finance, and trade, symbolized by iconic structures like the Burj Khalifa.
