Central Bank of Libya
The dinar ( "dīnār") is the currency of Libya. Its ISO 4217 code is "LYD". The dinar is subdivided into 1,000 dirham (). It was introduced in September 1971 and replaced the 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.