Tripoli (Al-Mashhad) – Libya’s parallel (black) currency markets recorded a noticeable divergence in foreign exchange rates against the Libyan dinar on Tuesday, July 28, 2026, amid continued volatility and rising demand for cash, which deepened the price gap between cash transactions and bank instrument dealings.
Market movement showed slight differences in the US dollar exchange rate between major cities and markets; it rose relatively in Tripoli to 8.73 dinars, while in Benghazi it recorded 8.72 dinars, and in Zliten it reached 8.73 dinars. In the same context, the euro recorded a new rise to 9.93 dinars, and the British pound also saw a new increase to 11.40 dinars.
Regarding external transfers (parallel markets), the transfer dollar to Turkey recorded 8.77 dinars, and the transfer dollar to Dubai recorded 8.75 dinars.
Dollar Prices via Bank Instruments
Trading of bank instruments reflected additional pressures and a clear price difference from standard cash in various major commercial banks as follows:
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Trade and Development Bank: 8.82 dinars.
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Unity Bank: 8.81 dinars (and in Benghazi: 8.83 dinars).
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Republic Bank: 8.81 dinars.
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National Commercial Bank: 8.81 dinars.
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Development Bank (Benghazi): 8.83 dinars.
Economic experts believe that this significant gap between the cash price and clearing instruments places increasing pressure on local markets, amid daily close monitoring by citizens due to the direct impact of these changes on living costs and the prices of basic goods.
Prices of Other Currencies and Gold (Scrap and Bullion)
Exchange rates for other regional currencies, alongside precious metals markets (gold and silver), according to the latest update, are as follows:
Arab and Foreign Currencies:
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Tunisian Dinar: 2.75 dinars.
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Jordanian Dinar: 11.60 dinars.
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Turkish Lira: 0.18 dinars.
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Tripoli
Tripoli, the capital of Libya, is a historic city located on the Mediterranean coast, founded in the 7th century BC by the Phoenicians. The city saw rule by Romans, Arabs, and Ottomans, making it an important cultural and commercial center in North Africa. It is characterized by its ancient landmarks such as the Old City and the Red Castle, which reflect its rich history.Libya
Libya is a country in North Africa, known for its rich history, including ancient Greco-Roman ruins such as Leptis Magna and Cyrene. After centuries of Ottoman rule and Italian colonization, it gained independence in 1951, and in 2011 experienced a civil war that led to the fall of Muammar Gaddafi’s regime.Benghazi
Benghazi is a historic city located on the coast of Libya, known in antiquity as Berenice, founded by the Greeks in the 5th century BC. Over time, it was an important commercial and cultural center under Roman, Ottoman, and Italian rule. Today, Benghazi is the second largest city in Libya, retaining traces of its rich past, although it suffered significant destruction during recent conflicts.Zliten
Zliten is a historic city on the coast of Libya, known for its ancient Roman ruins and its important mosque. It was an agricultural and commercial center since the Roman period, and in the Middle Ages became a place of Islamic learning. Today, it preserves archaeological vestiges and a traditional Mediterranean atmosphere.Turkey
Turkey is a country located between the continents of Europe and Asia, with its capital in Ankara. It was the center of the Ottoman Empire which lasted over 600 years, before becoming a modern republic in 1923 under Mustafa Kemal Ataturk. It is famous for its historical landmarks like Hagia Sophia and the Grand Bazaar, as well as its rich culture blending Eastern and Western traditions.Dubai
Dubai is a modern and cosmopolitan city in the United Arab Emirates, known for its impressive architecture and luxury shopping centers. Its history began as a small fishing and pearl trading village in the 18th century, and in the 1960s, the discovery of oil quickly transformed the region into a global economic hub. Today, Dubai attracts millions of tourists thanks to its iconic skyscrapers, like the Burj Khalifa, and spectacular artificial islands.Trade and Development Bank
The Trade and Development Bank is an Iraqi financial institution established in 2005 to support commercial and development activity in the country. Its main headquarters is located in Baghdad, and it offers various banking services including financing and investment. The bank plays an important role in facilitating commercial transactions and promoting economic development in Iraq.Unity Bank
Unity Bank is one of the main commercial banks in Libya, established in 1970 after the nationalization of the banking sector in Libya. Its main headquarters is located in the capital, Tripoli, and it offers various banking services to individuals and companies. The bank plays an important role in supporting the Libyan economy by financing commercial and industrial projects.Republic Bank
The Republic Bank is one of the most prominent architectural landmarks in the city of Baghdad, built in the 1970s to serve as the headquarters of the Central Bank of Iraq. The building is distinguished by its modern design reflecting the architectural style of that period, and it is considered a symbol of the modern Iraqi economy. The bank played a pivotal role in managing Iraq’s monetary and financial policies for decades.National Commercial Bank
The National Commercial Bank is one of the most prominent banking institutions in Libya, established in 1970 to be a major commercial bank supporting the national economy. It plays a pivotal role in financing commercial and industrial projects and contributes to the development of the financial sector in the country.Development Bank (Benghazi)
The Development Bank in Benghazi is a financial institution established to support economic development in Libya, especially in the eastern region. The building is located in the city center and is characterized by its modern architectural design reflecting the period of urban expansion in the 1960s and 1970s. The bank plays a pivotal role in financing small and medium-sized projects, thus contributing to boosting the local economy and creating job opportunities.