The US dollar recorded a decline against the Libyan dinar in the parallel market during trading on Sunday, January 25, 2026, closing in the capital Tripoli at a level of 8.99 dinars, and rising slightly in trading rooms to 9.05 dinars.
In other cities, the closing price in Zliten was 9.00 dinars, while in Benghazi and Ajdabiya it was 9.05 dinars, reflecting the continued slight disparity between regions.
As for other foreign currencies, the euro fell to 10.43 dinars, while the British pound recorded a relative decline to 11.85 dinars.
In the precious metals market, the price of an 18-karat gold gram saw a decline to 1,046 dinars, while the prices of foreign remittances reached levels close to cash, with the dollar price for remittances to Turkey at 9.17 dinars, while Dubai remittances were recorded at 9.18 dinars.
The parallel market movement was affected following the announcement by the Central Bank of Libya regarding the completion of readiness for the foreign currency system, confirming that work will begin as of tomorrow, Monday, in a step aimed at regulating exchange operations and enhancing market stability. It was clarified that the exchange company system is now ready, and its method of operation will be referred to all companies today, along with the official dispatch of the mechanism for purchasing currency from the central bank.
The Central Bank of Libya had previously announced a reduction in the value of the Libyan dinar by 14.7% against the Special Drawing Rights (SDRs) unit. Under the decision, the value of the dinar became 0.1150 SDR units instead of 0.1348 units, stabilizing the new official price at around 6.40 dinars per US dollar.
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 became a significant Roman city and a major center under various empires, including the Ottoman, before becoming Libya’s capital upon independence in 1951.
Zliten
Zliten is a coastal city in northwestern Libya, historically known for its role as a trading center and for its Islamic scholarly heritage. It is home to the Zliten Mosque, a significant religious and architectural site dating back to the 10th century, which features a distinctive minaret and ancient Quranic manuscripts. The city also contains the Roman-era archaeological site of Leptis Minor, reflecting its long history of settlement.
Benghazi
Benghazi is a major city in eastern Libya, historically significant as a center of trade and culture since its founding as the ancient Greek colony of Euesperides. It played a pivotal role in Libya’s modern history, serving as the provisional capital after the 2011 revolution and being the site of a notable 2012 attack on a U.S. diplomatic compound.
Ajdabiya
Ajdabiya is a city in northeastern Libya, historically significant as a major crossroads for trans-Saharan trade routes and later as a key site during the 2011 Libyan Civil War. Its strategic location has made it a contested area in various conflicts throughout Libya’s modern 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, representing a major step in European economic and political integration. Its creation was driven by the goal of fostering stability, ease of trade, and a stronger collective European identity.
British pound
The British pound, officially known as pound sterling, is the world’s oldest currency still in use, with origins tracing back over 1,200 years to Anglo-Saxon kingdoms. Its name derives from the Latin “libra,” a unit of weight, and it was historically linked to silver before adopting a gold standard and eventually becoming a free-floating fiat currency.
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 heritage 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 is now most famous for its ambitious architecture, luxury shopping, and tourism, having diversified its economy away from hydrocarbons. Landmarks like the Burj Khalifa and Palm Jumeirah symbolize its rapid development into a leading business and cultural hub.
Central Bank of Libya
The Central Bank of Libya is the country’s primary monetary authority, established in 1956 to issue currency and manage monetary policy. It has played a critical and often divisive role since the 2011 civil war, with parallel institutions emerging in the east and west of the country during periods of political conflict.
