The Central Bank of Libya announced today that it has devalued the Libyan dinar by 14.7 percent from approximately LD 5.43 to LD 6.36 per US$. The CBL had last devalued the Libyan dinar by 13.3 percent to LD 5.56/dollar on 6 April 2025. It said today’s devaluation against the Special Drawing Rights (SDR) was based on the recommendations of the Monetary Policy Committee. As a result, each Libyan dinar will now be equivalent to 0.1150 SDRs instead of 0.1348 SDRs. CBL Governor Issa justifies Libyan dinar devaluation – blames both governments for uncontrolled spending and absence of effective, targeted macroeconomic policies

Source: Libya Today January 18, 2026 14:53 UTC