LYDLibyan DinarLibyan Dinar (LYD)
The Libyan dinar is Libya's national currency and the unit used for domestic prices, public finance, energy-sector accounts and local banking records.
- ISO code
- LYD
- Symbol
- LD
- Region
- Africa
- Currency type
- Fiat currency
- Exchange system
- The Central Bank of Libya defines the official dinar framework with reference to the IMF Special Drawing Right and publishes formal exchange-rate decisions.
- Last reviewed
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Quick facts
LYD at a glance
Currency profile
How LYD works
The Libyan dinar is Libya's national currency and the unit used for domestic prices, public finance, energy-sector accounts and local banking records.
The Central Bank of Libya issues and regulates LYD. One dinar is divided into 1,000 dirhams, giving the currency a three-decimal ISO minor-unit convention.
- The national unit began as the Libyan pound in 1952 and took the dinar name in 1971.
- The official exchange framework has used a value linked to the IMF Special Drawing Right basket and has been adjusted by formal central-bank decisions.
Context
Why this currency matters
Libya's exchange-rate policy has changed through formal adjustments, including major decisions in 2020, 2025 and 2026. A reference conversion therefore needs both an actual provider date and a clear distinction from the Central Bank of Libya's institutional arrangement. LYD also provides context for an economy where energy revenue and access to foreign currency have major effects on domestic settlement.
Monetary framework
Exchange arrangement
The Central Bank of Libya defines the official dinar framework with reference to the IMF Special Drawing Right and publishes formal exchange-rate decisions.
CurrencyHub shows daily reference rates. Banks, card networks, ATMs and transfer providers may apply different exchange rates, fees or spreads.
History timeline
Key dates for LYD
National currency issued
Libya issued its national unit under the name Libyan pound.
Central Bank of LibyaDinar name adopted
The Libyan dinar replaced the pound name while retaining the national monetary unit.
Central Bank of LibyaUnified official rate took effect
A central-bank decision adopted in December 2020 established a revised official value from January 2021.
Central Bank of Libya
Usage and economy
How LYD is used
- Libyan dinars denominate local prices, payroll, taxes and government expenditure.
- Regional comparisons commonly involve EGP, TND, DZD and EUR.
Banknotes and coins
LYD currency units
Central Bank of Libya is the authoritative source for the current LYD banknote framework.
Central Bank of Libya is the authoritative source for the current LYD coin framework.
One Libyan Dinar unit is recorded with 3 decimal places and uses Dirham as its minor unit.
Related currencies
Currency relationships
Explore currencies connected through regional use, trade comparisons or monetary relationships.
FAQ
LYD questions
How many dirhams are in one Libyan dinar?
One Libyan dinar is divided into 1,000 dirhams.
When did Libya adopt the dinar name?
The national unit took the Libyan dinar name in 1971 after beginning as the Libyan pound in 1952.
Is the CurrencyHub LYD rate the official policy rate?
No. CurrencyHub shows a dated provider reference rate separately from the Central Bank of Libya's official monetary arrangement.
Sources
Data and editorial review
Rate source: Frankfurter
Last reviewed:
Currency identity and cash information is checked against central-bank, government, ISO and official international sources.