Libya's 2017 coinage was issued amid one of the most chaotic monetary situations in modern North African history. The country was operating under two rival governments at the time — the Tobruk-based House of Representatives and the Tripoli-based Government of National Accord — each claiming authority over the Central Bank. Banknotes were being printed by competing factions, and the introduction of circulating coinage was partly an attempt to assert institutional legitimacy during a period when paper currency confidence had collapsed.
KM#36 is the second dinar coin type for Libya, replacing the earlier bimetallic issue.
Libya's 2017 coinage was issued amid one of the most chaotic monetary situations in modern North African history. The country was operating under two rival governments at the time — the Tobruk-based House of Representatives and the Tripoli-based Government of National Accord — each claiming authority over the Central Bank. Banknotes were being printed by competing factions, and the introduction of circulating coinage was partly an attempt to assert institutional legitimacy during a period when paper currency confidence had collapsed.
KM#36 is the second dinar coin type for Libya, replacing the earlier bimetallic issue.