Libyan dinar
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2008-05-08T04:31:36Z
Chobot
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robot Adding: [[id:Dinar Libya]]
{{Infobox Currency
| currency_name_in_local = دينار ليبي <small>{{ar icon}}</small>
| image_1 = Libyan_dinar_one.jpg
| image_title_1 = 1 dinar banknote of revised series 4, featuring [[Muammar al-Gaddafi]]
| iso_code = LYD
| using_countries = {{flag|Libya}}
| inflation_rate = 3.1%
| inflation_source_date = ''[https://www.cia.gov/library/publications/the-world-factbook/fields/2092.html The World Factbook]'', 2006 est.
| subunit_ratio_1 = 1/1000
| subunit_name_1 = [[dirham]]
| symbol = LD and ل.د
| frequently_used_coins = 50, 100 dirhams ¼, ½, dinar
| rarely_used_coins = 1, 5, 10, 20 dirhams
| used_banknotes = ¼, ½, 1, 5, 10, 20 dinars
| issuing_authority = [[Central Bank of Libya]]
| issuing_authority_website = www.cbl-ly.com
}}
The '''dinar''' ([[Arabic language|Arabic]]: دينار) is the [[currency]] of [[Libya]]. Its [[ISO 4217]] code is "LYD". The dinar is subdivided into 1000 [[dirham]] (درهم). It was introduced in 1971 and replaced the [[Libyan pound|pound]] at par. It is issued by the [[Central Bank of Libya]], which also supervises the banking system and regulates credit. In 1972, the [[Libyan Arab Foreign Bank]] was established to deal with overseas investment.
==Coins==
Until 1975, old coins denominated in [[Libyan pound|milliemes]] (equal to the dirham) circulated. In 1975, coins were introduced in denominations of 1, 5, 10, 20, 50 and 100 dirham which bore the coat of arms of the [[Federation of Arab Republics]]. These were followed in 1979 by a second series of coins, in the same denominations, which bore a design of a horseman in place of the arms. ¼ and ½ dinar coins were issued in 2004. [http://www.cbl.gov.ly/en/variant/index.php?cid=100&id=474] 1, 5, 10, and 20 dirahm coins are rarely used, if ever, as units of exchange. However, they still retain their status as legal tenders.
==Banknotes==
Banknotes in denominations of ¼, ½, 1, 5 and 10 dinar were introduced in 1971. 20 dinar notes were added in 2002.
The subjects depicted on the banknotes have not changed since series 2 except for the portrait of [[Muammar al-Gaddafi]] which became the new obverse design of the 1 dinar note in series 4.
{|class="wikitable" style="font-size: 90%"
!colspan="5"|Banknote Series of Libyan dinar
|-
! Series !! Denominations !! Colours !! Issued Dates !! Note
|-
| 1 ||rowspan="5"| ¼, ½, 1, 5 and 10 dinars || Orange, purple, blue, olive and grey || 1971 – 1972 ||
|-
| 2 || All green || 1980 – 1981 ||
|-
| 3 || Green as the dominant colour, with brown, purple, blue, light green and multicoloured. || 1984 ||
|-
| 4 || Multicoloured || 1988 –ca. 1990 ||
|-
| 4, revised || Slight change || ca. 1991 – 1993 || English text on ¼, ½, and 5 dinars note was removed
|-
| 5 || ¼, ½, 1, 5, 10 and 20 dinars || Multicoloured || 2002 ||
|-
| 6 || 1, 5 and 10 dinars || Blue, purple and green || 2004 || Easily visible foil or hologram on upper left on obverse as the new anti-counterfeit device
|}
===Gallery===
<gallery>
Image:Libya - half a dinar 2 - older design.jpg|{{Numismatic banknote gallery caption|side=Obverse|value=½ dinar|issued=ca 1991|extra_caption = series 4 revised}}
Image:Libya - half a dinar 1 - older design.jpg|{{Numismatic banknote gallery caption|side=Reverse|value=½ dinar|issued=ca 1991|extra_caption = series 4 revised}}
Image:Libya - half a dinar 2.jpg|{{Numismatic banknote gallery caption|side=Obverse|value=½ dinar|issued=2002|extra_caption = series 5}}
Image:Libya - half a dinar 1.jpg|{{Numismatic banknote gallery caption|side=Reverse|value=½ dinar|issued=2002|extra_caption = series 5}}
Image:Libya - 1 dinar 1.jpg|{{Numismatic banknote gallery caption|side=Obverse|value=1 dinar|issued=2004|extra_caption = series 6}}
Image:Libya - 1 dinar 2.jpg|{{Numismatic banknote gallery caption|side=Reverse|value=1 dinar|issued=2004|extra_caption = series 6}}
Image:Libya - 5 dinars 1.jpg|{{Numismatic banknote gallery caption|side=Obverse|value=5 dinars|issued=2004|extra_caption = series 6}}
Image:Libya - 5 dinars 2.jpg|{{Numismatic banknote gallery caption|side=Reverse|value=5 dinars|issued=2004|extra_caption = series 6}}
Image:Libyan bills.jpg|Collection of all of above
</gallery>
==Popular nomenclature and denominations==
The Libyan dinar is commonly called ''jni,'' {{IPA2|ʒni}} (western [[Libyan Dialect]]) or ''jneh'' {{IPA|[ʒneh]}} (eastern Libyan dialect). The official name dinar is rarely used outside official circles. The official fractional unit dirham is never used in everyday talk. ''Garsh'' - a variant of the word [[qirsh]] - is used instead, with 1 ''garsh'' = 10 dirhams. One thousand dinars is stylishly called a ''kilo'' {{IPA|[kiːlu]}}. Similarly, five dinars notes and ten dinars notes are sometimes nicknamed, in younger generations male slang, ''faifa'' {{IPA|[faːifa]}} and ''tsena'' {{IPA|[tseːna]}} respectively, which are playful feminizations of the English words five and ten. Libyan currency is nicknamed by Libyans [[ʿOmar El-Mokhtar]] after the Libyan freedom fighter who is featured on the obverse of the 10 dinar note.
{{Exchange Rate|LYD}}
==See also==
* [[Economy of Libya]]
==External links==
{{Standard numismatics external links
| world_coin_gallery_1_url = Libya
| world_coin_gallery_1_name = Libya
| banknote_world_1_url = libya
| banknote_world_1_name = Libya
| dollarization_1_url = ly
| dollarization_1_name = Libya
| gfd_1_url = Libya
| gfd_1_name = Libya
| gfd_data_1_url =
| gfd_data_1_name =
| show_gfd_excel = Y
}}
{{n-start|title=Libyan dinar}}
{{n-before|currency=[[Libyan pound]]|reason=Revolution (in [[1969]])|ratio=at par}}
{{n-currency|location=[[Libya]]|start=[[1971]]}}
{{n-after}}
{{n-end}}
{{Dinar}}
{{Currencies of Africa}}
[[Category:Economy of Libya]]
[[ar:دينار ليبي]]
[[be-x-old:Лібійскі дынар]]
[[ca:Dinar libi]]
[[cs:Libyjský dinár]]
[[cy:Dinar Libya]]
[[da:Libysk dinar]]
[[de:Libyscher Dinar]]
[[el:Δηνάριο Λιβύης]]
[[es:Dinar libio]]
[[fr:Dinar libyen]]
[[ko:리비아 디나르]]
[[bpy:লিবিয়ান দিনার]]
[[id:Dinar Libya]]
[[it:Dinaro libico]]
[[hu:Líbiai dinár]]
[[nl:Libische dinar]]
[[nn:Libysk dinar]]
[[pl:Dinar libijski]]
[[sv:Libysk dinar]]
[[tg:Динори Либия]]
[[tr:Libya Dinarı]]
[[bat-smg:Lėbėjės dinars]]