1986 in Libya

Last updated

Flag of Libya (1977-2011).svg
1986
in
Libya

Decades:
See also: Other events of 1986
List of years in Libya

The following lists events that happened during 1986 in Libya .

1986 Year

1986 (MCMLXXXVI) was a common year starting on Wednesday of the Gregorian calendar, the 1986th year of the Common Era (CE) and Anno Domini (AD) designations, the 986th year of the 2nd millennium, the 86th year of the 20th century, and the 7th year of the 1980s decade. The year 1986 was designated as the International Year of Peace by the United Nations.

Libya Country in north Africa

Libya, officially the State of Libya, is a country in the Maghreb region in North Africa, bordered by the Mediterranean Sea to the north, Egypt to the east, Sudan to the southeast, Chad to the south, Niger to the southwest, Algeria to the west, and Tunisia to the northwest. The sovereign state is made of three historical regions: Tripolitania, Fezzan and Cyrenaica. With an area of almost 1.8 million square kilometres (700,000 sq mi), Libya is the fourth largest country in Africa, and is the 16th largest country in the world. Libya has the 10th-largest proven oil reserves of any country in the world. The largest city and capital, Tripoli, is located in western Libya and contains over one million of Libya's six million people. The second-largest city is Benghazi, which is located in eastern Libya.

Contents

Incumbents

Muhammad az-Zaruq Rajab was a former Head of State and General Secretary of the People's Committee in Libya.

Jadallah Azzuz at-Talhi is a Libyan diplomat and politician who served as prime minister of Libya for two terms.

Events

March

April

1986 United States bombing of Libya US April 1986 military operation in Libya

The 1986 United States bombing of Libya, code-named Operation El Dorado Canyon, comprised air strikes by the United States against Libya on Tuesday, April 15, 1986. The attack was carried out by the U.S. Air Force, U.S. Navy and U.S. Marine Corps via air strikes, in retaliation for the 1986 West Berlin discotheque bombing. There were 40 reported Libyan casualties, and one U.S. plane was shot down. One of the claimed Libyan deaths was of a baby girl, reported to be Muammar Gaddafi's daughter, Hana Gaddafi. However, there were doubts as to whether she was really killed, or whether she really even existed. Military intelligence reports cited Gaddafi fleeing his location and leaving his family members behind when inbound missiles were determined to be targeting his location.

Gold dinar gold coin, first issued by the Umayyad Caliphate, made of 1 mithqal (4.25 grams) of gold

The gold dinar is an Islamic medieval gold coin first issued in AH 77 (696–697 CE) by Caliph Abd al-Malik ibn Marwan. The weight of the dinar is 1 mithqal.

Related Research Articles

Franc name of several currency units

The franc (₣) is the name of several currency units. The French franc was the currency of France until the euro was adopted in 1999. The Swiss franc is a major world currency today due to the prominence of Swiss financial institutions. The name is said to derive from the Latin inscription francorum rex used on early French coins and until the 18th century, or from the French franc, meaning "frank".

Tripoli City in Greater Tripoli, Libya

Tripoli is the capital city and the largest city of Libya, with a population of about 1.158 million people in 2018. It is located in the northwest of Libya on the edge of the desert, on a point of rocky land projecting into the Mediterranean Sea and forming a bay. It includes the port of Tripoli and the country's largest commercial and manufacturing centre. It is also the site of the University of Tripoli. The vast Bab al-Azizia barracks, which includes the former family estate of Muammar Gaddafi, is also located in the city. Colonel Gaddafi largely ruled the country, from his residence in this barracks.

The pound is a unit of currency in some nations. The term originated in the Frankish Empire as a result of Charlemagne's currency reform and was subsequently taken to Great Britain as the value of a pound (weight) of silver.

Kuwaiti dinar currency

The Kuwaiti dinar is the currency of Kuwait. It is sub-divided into 1,000 fils. The Kuwaiti dinar is currently the world's highest-valued currency unit per face value.

Iraqi dinar currency

The Dinar (Arabic: دينار, is the currency of Iraq. It is issued by the Central Bank of Iraq and is subdivided into 1,000 fils, although inflation has rendered the fils obsolete since 1990.

Dinar currency of various countries

The dinar is the principal currency unit in several countries and was used historically in several more.

The mill or () is a now-abstract unit of currency used sometimes in accounting. In the United States, it is a notional unit equivalent to ​11000 of a United States dollar. In the United Kingdom it was proposed during the decades of discussion on the decimalization of the pound as a ​11000 division of the pound sterling. Several other currencies used the mill, such as the Maltese lira.

The dinar is the currency of Libya. Its ISO 4217 code is "LYD". The dinar is subdivided into 1000 dirham (درهم). 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. Ali Mohammed Salem, deputy governor of Central Bank of Libya stated the exchange rate of Libyan dinar would be pegged to special drawing rights for one to three years, according to an interview to Reuters on 27 December 2011.

Serbian dinar currency

The dinar is the official currency of Serbia. The earliest use of the dinar dates back to 1214.

Dirham unit of currency in several Arab and Islamic states

Dirham, dirhem or dirhm (درهم) was and, in some cases, still is a unit of currency in several Arab states. It was formerly the related unit of mass in the Ottoman Empire and old Persian states. The name derives from the name of the ancient Greek currency, drachma.

The dinar is the currency of Bahrain. It is divided into 1000 fils (فلس). The name dinar derives from the Roman denarius. The dinar was introduced in 1965, replacing the Gulf rupee at a rate of 10 rupees = 1 dinar. The Bahraini dinar is abbreviated .د.ب (Arabic) or BD (Latin). It is usually represented with three decimal places denoting the fils.

Tunisian dinar currency of Tunisia

The dinar is the currency of Tunisia. It is subdivided into 1000 milim or millimes (ملّيم). The abbreviation DT is often used in Tunisia, although writing "dinar" after the amount is also acceptable ; the abbreviation TD is also mentioned in a few places, but is less frequently used, given the common use of the French language in Tunisia, and the French derivation of DT.

The Central Bank of Iraq (CBI) is the central bank of Iraq.

The modern Islamic gold dinar is a projected bullion gold coin, so far not issued as official currency by any national state. It aims to revive the historical gold dinar which was a leading coin of early Islam. The currency might consist of minted gold coins, dinars, silver coins, or dirhams.

The Central Bank of Libya (CBL) is the monetary authority in Libya. It has the status of an autonomous corporate body. The law establishing the CBL stipulates that the objectives of the central bank shall be to maintain monetary stability in Libya and to promote the sustained growth of the economy in accordance with the general economic policy of the state.

Libyan Foreign Bank (LFB) was established in 1972 in Tripoli, Libya as Libyan Arab Foreign Bank; it was renamed Libyan Foreign Bank in 2005. It was Libya's first offshore banking institution licensed to operate internationally. The Central Bank of Libya owns 100% of LFB. The head office is located in Libya's capital Tripoli.

History of Libya under Muammar Gaddafi

Muammar Gaddafi became the de facto leader of Libya on 1 September 1969 after leading a group of young Libyan military officers against King Idris I in a bloodless coup d'état. After the king had fled the country, the Libyan Revolutionary Command Council (RCC) headed by Gaddafi abolished the monarchy and the old constitution and established the Libyan Arab Republic, with the motto "freedom, socialism and unity".

The Kelantanese dinar is a currency issued by the Government of the Malaysian state of Kelantan, which purportedly is in conformance with the concept of the Islamic gold dinar. The Kelantanese dinar is available in the form of coins of several denominations. These coins were first struck in 2006 by Mariwasa Kraftangan of Kuala Kangsar, Perak, a local producer of souvenirs and replicas of objects of art and culture, and launched by the state of Kelantan on 20 September 2006. The Government of Kelantan had suggested that the coins had the status of legal tender, and the state-issued dinar sold out quickly, with many buyers seeing the gold dinar as a better choice than fiat money.

References