1/2 Pound

The Bank of Libya was established in 1956 as the country's first central bank, replacing the currency board arrangement that had operated under the British Military Administration and its successor authorities. This 1963 series was among the earliest issues fully attributed to the Bank of Libya by name, following the transition away from the Libyan Currency Commission notes that had circulated since independence in 1951.

Bradbury Wilkinson's New Malden facility printed a substantial portion of the postcolonial African currency output through the 1950s and 1960s — the relationship with Libya was not unusual for the firm, but the half-pound denomination itself was dropped entirely when the dinar replaced the pound in 1971 at a 1:1000 conversion rate.