The exchange rate of the US dollar against the Libyan dinar recorded a decline in the middle of parallel market trading on Thursday, settling at 8.995 dinars, compared to 9.01 dinars at the close of the previous day.
The euro also fell to 10.65 dinars compared to 10.67 dinars yesterday, and the British pound saw a slight decrease to 12.15 dinars after being 12.20 dinars at the previous close.
The Turkish lira remained stable at 0.210 dinars, while the Tunisian dinar stabilized at 2.85 Libyan dinars. Meanwhile, the price of 18-karat gold bullion recorded a record jump to 1,180 dinars per gram, compared to 1,125 dinars at the close of the previous day.
In the official market, the exchange rate for the US dollar stabilized at 6.28 dinars according to the new exchange rate bulletin issued for Thursday, while the euro fell to 7.52 dinars, and the British pound rose to 8.69 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. It was established following the 1969 revolution that brought Muammar Gaddafi to power, marking a shift in the country’s economic identity.
euro
The Euro is the official currency of the Eurozone, a group of 20 European Union member states. It was introduced in non-physical form in 1999 and as physical banknotes and coins in 2002, with the goal of fostering economic integration and stability across Europe.
British pound
The British pound, officially known as pound sterling, is the world’s oldest currency still in use, with origins tracing back to Anglo-Saxon times. It was historically a unit of weight for silver, and its symbol (£) derives from the Latin word *libra*, meaning a unit of weight.
Turkish lira
The Turkish lira is the official currency of Turkey and the Turkish Republic of Northern Cyprus. It was introduced in 1844, replacing the *kuruş*, and has undergone significant revaluations, most notably in 2005 when the “new Turkish lira” removed six zeros from its predecessor due to prolonged high inflation.
Tunisian dinar
The Tunisian dinar is the official currency of Tunisia, introduced in 1960 to replace the Tunisian franc as part of the country’s post-independence economic reforms. It is issued by the Central Bank of Tunisia and its banknotes often feature images of significant national monuments and historical figures.
gold bullion
Gold bullion refers to refined gold in bar or ingot form, valued for its purity and mass. Historically, it has been used as a store of wealth and a monetary standard for centuries, with its value intrinsically linked to global markets and economic stability.
