The US dollar recorded a continuous decline against the Libyan dinar in the parallel market during trading on Wednesday, January 28, 2026, closing in the capital, Tripoli, at a level of 9.01 dinars, with the same prices recorded in trading rooms.
In other cities, the closing price in Zliten was 9.05 dinars, the same price as in Benghazi and Ajdabiya, reflecting the continued slight disparity between regions.
As for other foreign currencies, the euro fell to 10.67 dinars, while the British pound recorded a relative rise to 12.20 dinars.
In the precious metals market, the price of an 18-karat gold gram saw a record rise to 1,125 dinars, while the prices for foreign remittances were higher than cash rates, with the dollar rate for remittances to Turkey reaching 9.06 dinars, while Dubai remittances recorded 9.07 dinars.
🏦 Central Bank of Libya Moves
The Central Bank of Libya announced an important achievement, represented by obtaining — for the first time in over 15 years — international approval to import $600 million monthly in cash, a step bolstered by the Governor’s efforts and the confidence of international institutions in the bank.
It also confirmed the imminent resumption of work on the personal purposes system, clarifying that the initial quota will be $2,000 granted directly from the Central Bank, with the possibility of cash withdrawal through banks, exchange companies, and offices. It indicated the readiness of licensed companies and offices to operate their systems and that the bank will provide them with dollars in cash directly.
💱 New Adjustment to the Dinar Exchange Rate
The Central Bank had recently announced a devaluation of the Libyan dinar by 14.7% against the Special Drawing Rights (SDR) unit, making the dinar’s value 0.1150 SDR units instead of 0.1348 units, stabilizing the new official rate at approximately 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 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 and value have been heavily influenced by the country’s political history, including the Gaddafi era and the instability following the 2011 revolution.
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 part of the Roman Empire, the Ottoman Empire, and an Italian colony, which is reflected in its diverse architecture, such as the historic Medina and Red Castle.
Zliten
Zliten is a coastal city in northwestern Libya, historically known for its Roman-era ruins, including the Villa of Omira, which features well-preserved mosaics. It is also notable for the Zliten Mosque, a significant religious and architectural site dating back to the 16th century. The city has long been a center for Islamic scholarship and traditional Libyan culture.
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 Libya’s modern history, serving as the provisional capital after the 2011 revolution and being a key site during the Second World War.
Ajdabiya
Ajdabiya is a city in northeastern Libya, historically significant as a strategic crossroads for trade and transit routes across the Sahara. It gained prominence during the Italian colonial period and later played a key role as a military stronghold in various 20th-century conflicts, including the 2011 Libyan Civil War.
euro
The Euro is the official currency of the European Union, used by 20 member states in the Eurozone. It was introduced in non-physical form in 1999 and as physical banknotes and coins in 2002, representing a major step in European economic integration.
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. Its name derives from the Latin “libra,” a unit of weight, and it was historically linked to silver and later the gold standard. Today, it is a major global reserve currency and the official currency of the United Kingdom.
gold
Gold is not a specific place or cultural site, but a precious metal that has been mined and treasured by civilizations worldwide for thousands of years. Historically, its discovery has driven exploration, economic systems like the gold standard, and significant cultural events such as gold rushes. It holds profound symbolic value in art, religion, and as a store of wealth across diverse cultures.
Turkey
Turkey is a transcontinental nation straddling Eastern Europe and Western Asia, with a rich history as the heartland 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 historical legacy from classical antiquity through to the modern republic founded in 1923.
Dubai
Dubai is a major global city and emirate in the United Arab Emirates, historically a small fishing and pearling village. Its modern transformation began with the discovery of oil in the 1960s, which funded massive infrastructure projects, leading to its current status as a hub for tourism, finance, and trade.
Central Bank of Libya
The Central Bank of Libya is the primary monetary authority of Libya, established in 1956 to issue currency and manage the country’s financial policy. It has played a critical and often contentious role throughout Libya’s modern history, including during the Gaddafi era and the subsequent civil conflicts, where control of the bank and its assets became a major point of political and military contention.
Special Drawing Rights
Special Drawing Rights (SDR) is an international reserve asset created by the International Monetary Fund (IMF) in 1969 to supplement its member countries’ official reserves. Its value is based on a basket of five major currencies: the U.S. dollar, euro, Chinese renminbi, Japanese yen, and British pound sterling.
