The US dollar recorded a sustained rise with a limited decline against the Libyan dinar in the parallel market on Sunday, January 4, 2026, closing in Tripoli at 8.705 dinars.
In other cities, the closing price in Zliten was 8.715 dinars, while in Benghazi and Ajdabiya it was around 8.73 dinars, reflecting the continued slight disparity between regions.
As for other foreign currencies, the euro declined to 10.03 dinars, while the British pound fell slightly to 11.40 dinars, according to traders and specialized pages on social media.
In the precious metals market, the price of an 18-karat scrap gold gram declined slightly, reaching 885 dinars at the close. Meanwhile, foreign remittance prices reached levels parallel to the cash price, with the dollar remittance to Turkey at 8.705 dinars, the same price as remittances to Dubai.
This limited decline comes after a source from the Central Bank of Libya revealed that the Central Bank began selling one billion dollars to commercial banks on Sunday to cover various foreign currency requests, confirming the Central Bank’s intention to settle all remaining amounts.
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 country’s independence and the rise of the Libyan Arab Republic, symbolizing a move toward national economic sovereignty.
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. The city’s historic core, the Medina, features ancient architecture and landmarks like the Red Castle (Assai al-Hamra).
Zliten
Zliten is a coastal city in northwestern Libya, historically known for its Roman-era ruins and as a center of Islamic learning. It is particularly famous for the Zliten Mosaic, a well-preserved Roman floor mosaic discovered in 1913 that dates back to the 2nd century AD. The city also contains the Mausoleum of Sidi Abd As-Salam Al-Asmar, a revered 15th-century Islamic scholar and saint.
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 in the 6th century BC. It later served as the provisional capital of Libya and was a focal point of the 2011 uprising that led to the overthrow of Muammar Gaddafi.
Ajdabiya
Ajdabiya is a city in northeastern Libya, historically significant as a major crossroads for trans-Saharan trade routes and caravans. It gained prominence during the Italian colonial period and later served as a key strategic location during the 2011 Libyan Civil War.
euro
The Euro is the official currency of the European Union, used by 20 of its member states which form the Eurozone. It was introduced in non-physical form in 1999 to foster economic integration, with banknotes and coins entering circulation in 2002, replacing former national currencies like the German Mark and French Franc.
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 silver and later the gold standard, symbolizing Britain’s economic power for centuries. Today, it remains the United Kingdom’s official currency and a major global reserve currency.
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 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 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 symbolize its rapid development into a leading business and cultural hub.
Central Bank of Libya
The Central Bank of Libya is the primary monetary authority of Libya, originally established in 1956 as the National Bank of Libya. It was later renamed in 1963 and has played a critical role in managing the country’s currency and financial stability throughout periods of political change, including following the 2011 revolution.
