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Libya,
Money
Currency: Libyan Dinar (LD) = 1000 dirhams. Notes are in denominations of LD10, 5 and 1, and 500 and 250 dirhams. Coins are in denominations of 100, 50, 20, 10, 5 and 1 dirhams.
Credit & debit cards: Limited acceptance of Diners Club and Visa. Check with your credit or debit card company for details of merchant acceptability and other services which may be available.
Travellers cheques: Travellers cheques are generally not accepted, owing to US government sanctions.
Currency restrictions: Free import of foreign currency, subject to declaration. Export of foreign currency is limited to the amount declared on arrival. The import and export of local currency is prohibited.
Exchange rate indicators: The following figures are included as a guide to the movements of the Libyan Dinar against Sterling and the US Dollar:
| Date | May '04 | Aug '04 | Nov '04 | Feb '05 | | £1.00= | 2.36 | 2.42 | 2.40 | 2.56 | | $1.00= | 1.32 | 1.31 | 1.27 | 1.35 |
Banking hours: Sat-Wed 0800-1200 (winter); Sat-Thurs 0800-1200 and Sat-Wed 1600-1700 (summer).
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