• February 16, 2026
  • libyawire
  • 0

The exchange rate for the US dollar saw a slight increase against the Libyan dinar in the parallel market during trading on Friday, February 13, 2026, closing in Tripoli at 9.58 dinars in exchange office transactions.

At the level of transactions via bank checks, the dollar rate reached 10.76 dinars.

As for other foreign currencies, they remained at relatively stable levels, with the Euro declining to 11.26 dinars, while the British Pound saw a slight decrease to 12.50 dinars, according to traders and specialized market monitoring pages.

In the precious metals market, the price of one gram of 18-karat scrap gold fell to 1110 dinars. Prices for foreign remittances also continued to record levels higher than cash, with the dollar rate for a remittance to Turkey at 9.58 dinars, and to Dubai at 9.72 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, symbolizing a move toward economic independence.

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 later became a significant Roman city, with its old quarter, the medina, showcasing layers of history from subsequent Arab, Ottoman, and Italian colonial rule.

bank checks

Bank checks are financial instruments that authorize the transfer of a specific amount of money from one bank account to another. Their history dates back to ancient times, with similar systems used in Rome, but the modern check emerged in 17th-century England as a more secure and convenient alternative to carrying coinage. They became a cornerstone of the global banking system, though their use has declined with the rise of electronic payments.

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

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 linked to a pound weight of silver and became a major global reserve currency, with its modern decimal system introduced in 1971.

one gram of 18-karat scrap gold

“One gram of 18-karat scrap gold” is not a specific place or cultural site; it is a measurement and description of recycled gold material. This scrap gold typically comes from discarded jewelry, electronics, or other items, with “18-karat” indicating it is an alloy composed of 75% pure gold and 25% other metals. Historically, gold has been recycled for millennia due to its enduring value and the high cost of mining new ore.

Turkey

Turkey is a transcontinental nation bridging Europe and Asia, historically known as Anatolia and the heartland of the Byzantine and Ottoman Empires. Its modern identity was forged in 1923 as the Republic of Turkey under Mustafa Kemal Atatürk. The country is renowned for its vast cultural heritage, from the ancient ruins of Ephesus to the iconic Hagia Sophia in Istanbul.

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, famous for landmarks like the Burj Khalifa and artificial Palm Islands.

Leave a Reply

Your email address will not be published. Required fields are marked *