Libya new note family reported for introduction on 17.02.2013


According to an article in the Libya Herald, reportedly the Central Bank of Libya will issue new notes on 31 January 2013. The notes are denominated in 1, 5, 10, and 20 dinars. A 50-dinar note was considered but not issued “in a bid to control the black economy.” No word yet on when existing notes will cease to be legal tender.

According to a subsequent article in the Libya Herald, the notes will be issued on 17 February, the second anniversary of the revolution, and will include the 50-dinar denomination after all.

Courtesy of Cedrian López Bosch Martineau and Antje Maroussi.

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