Libyan Dinar

About The Libyan Dinar: The Currency of Libya

Quick Facts About the Libyan Dinar Notes

Country of Origin	Libya
Symbol	LD and ل.د
Currency Code	LYD (numeric: 434)
Nick Names	jni
Minor units	dirham (dh.)
Denominations (Banknotes)	LD 1, LD 5, LD 10, LD 20, LD 50
Motto
Identification Feature	Different features on different notes:    LD 1: Anti-Gaddafi protesters on front and flag of love and peace dove on bank  LD 5: Ottoman Clock Tower on front and Zeus Temple on back  LD 10: Omar al-Mukhtar on front and Al Mukhtar horsemen on the back,etc.
Issuing Bank	Central Bank of Libya
In Circulation Since	1971

Libya's national currency is the dinar (Libyan Dinar symbol: LD in Latin, ل.د in Arabic; code: LYD). One thousand dirhams equal one Libyan Dinar. It is issued by the Libyan Central Bank, which also controls credit and oversees the banking industry.

The name of British Guinea is the source of the common names for the Libyan dinar, jni or jneh. Outside of formal circles, the term dinar is hardly ever used. In normal speech, the approved fractional unit, the dirham, is never brought up. Instead, the word “garsh”, a variation of “qirsh”, is used, with 1 garsh equaling 10 dirhams. A kilo is a fashionable term for one thousand dinars. Similar to how five and ten dinar notes are sometimes referred to as fiver and tenner for five and ten-pound notes, respectively, in the younger generation, the nicknames for five and ten dinar notes are faifa and tsena. These playful feminizations of the English words “five” and “ten” are also possible traces of British slang words.

History of the Libyan Dinar

The old Italian Lira was replaced in 1951 by the Libyan Pound before the Libyan Dinar was introduced. They replicated the traditional style found on numerous Arabic banknotes from the time. On the front, they are printed in Arabic, and on the back, in English. King Idris is depicted on the front of the 1952 1 pound coin, which is coloured blue and white. Until the new Libyan Dinar was launched in 1971, the Libyan pound was still in use. They were available in 1/4, 1/2, 1, 5, and 10 dinar denominations.

After the new banknotes had been in circulation for a few years, fresh versions with Muammar Gaddafi started appearing on the Libyan Dinar notes. Along with pictures of mosques and national structures like buildings and monuments, the banknotes also had pictures of the leader. This batch of the Libyan Dinar had a lot of colours and features Omar El Mukhtar, who is well-known in Libyan history for his opposition to Italian occupation, is also depicted on them. When Gaddafi was overthrown in 2011, his likeness was also taken from the coinage. The 2013 1 Libyan Dinar has images that stand for emancipation and freedom. On the front are protesters holding the Libyan flag, and on the back are white doves with a picture of the flag of Libya.

The current Libyan Dinar rate is ⚠️ 🔄 INR. The Libyan Dinar to Dollar currently stands at 0.21 USD, and the Libyan Dinar to Rand is 3.57 ZAR.

Countries Accepting the Libyan Dinar

Amount in the Libyan Dinar You Should Carry for Your Trip

Libya is a cash society. Credit cards are not widely used, although a few major hotels and restaurants may accept them. Make sure to use Libyan Dinar forex cards there.

There are about 10 major banks in the country: the National Commercial Bank, the Central Bank of Libya, the Agriculture Bank, the Arab Foreign Bank, the Commerce & Development Bank, the Sahara Bank, the Savings and Real Estate Investment Bank, the Umma Bank, al-Jamahiriya Bank and the Wahda Bank. You can visit any of these banks to perform a Libyan dinar currency exchange. You can also learn about the live Libyan Dinar exchange rate here.

Meals at inexpensive restaurants range from 20 to 30 Libyan Dinar, while a meal for 2 people at a mid-range restaurant for a three-course meal, on average, costs 120 to 150 Libyan Dinar.

You may have to carry 900 to 1100 Libyan Dinar for a backpacker's budget for a weekend. A mid-range traveller may have to expend between 2500 and 3000 Libyan Dinar for a weekend trip. These are generally at the live Libyan Dinar rate and may vary with time. Transportation prices are generally low.