Libya Central Bank devalues currency for the second time in less than a year
The Central Bank of Libya has devalued the dinar by 14.7 percent to address fiscal imbalances. This move marks the second major adjustment within a year.
Insights:
The Central Bank of Libya announced a 14.7 percent devaluation of the national currency on January 18, 2026. This adjustment sets the new exchange rate for the US Dollar / Libyan Dinar at 6.3759 per dollar. The move represents the second major currency intervention in less than a year, following a 13.3 percent devaluation in April 2025 that established a rate of 5.5677 dinars per dollar.
