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The dinar (Arabic: دينار (Arabic pronunciation: [diːˈnɑːr]); sign: LD in Latin, ل.د in Arabic; code: LYD) is the official currency of Libya. The dinar is divided into 1,000 dirhams (درهم). It is issued by the Central Bank of Libya, which also supervises the banking system and regulates credit.
US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador El Salvador Marshall Islands Micronesia Palau Panama Timor-Leste Andorra Monaco San Marino Vatican City Kosovo Montenegro Kiribati Nauru Tuvalu; Currency board (11) Djibouti Hong Kong ; ECCU Antigua and Barbuda Dominica
Many African countries change their currency's appearance when a new government takes power (often the new head of state will appear on bank notes), though the notional value remains the same. Also, in many African currencies there have been episodes of rampant inflation, resulting in the need for currency revaluation (e.g. the Zimbabwe dollar).
Libyan dinar: LD LYD Dirham: 1000 ... U.S. dollar, the official currency of the United States, the world's dominant reserve currency and the most traded currency ...
The dinar (/ d ɪ ˈ n ɑː r /) is the name of the principal currency unit in several countries near the Mediterranean Sea, with a more widespread historical use. The English word "dinar" is the transliteration of the Arabic دينار ( dīnār ), which was borrowed via the Syriac dīnarā from the Latin dēnārius .
Pages in category "Currencies of Libya" The following 4 pages are in this category, out of 4 total. This list may not reflect recent changes. B.
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The CBL was founded in 1955 under Act no. 30 (1955) started its operations on 1 April 1956 under the name of National Bank of Libya, [2] to replace the Libyan Currency committee which was established by the United Nations and other supervising countries in 1951 to ensure the well-being of the weak and poor Libyan economy. [3]