Central Banking

Libya begins phasing out old banknotes

The Central Bank of Libya, Tripoli

The governor of the Central Bank of Libya, Saddeq Omar Elkaber, on Friday evening announced a new series of banknotes was being printed to replace the old ones depicting the image of the late colonel Muammar Gaddafi.

The old banknotes will be gradually phased out, starting with the 50 dinar note. Citizens have until March 15 to swap the old banknotes for the new ones. The governor asked all banks to help facilitate the change.

Trust in the Libyan banking system hit rock bottom as the civil war

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: