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Libya Withdraws 5 and 10 Dinar Banknotes

The Central Bank of Libya announced this week that it would be withdrawing five-dinar and ten-dinar bank notes from circulation as of Thursday, November 1. The notes are part of the fourth and fifth series released by the country. “The bank said it had decided to withdraw the notes ahead of issuing newly-designed five and […]

Libya Phases Out Gaddafi Banknotes

Last month, the Central Bank of Libya began the process of withdrawing their old banknote series that depicted the image of former Libyan leader, Muammar Gaddafi. Saddeq Omar Elkaber, governor of the central bank, said a new series was being printed to replace the old notes. This replacement process started with the 50 dinar note, […]