Sierra Leonean leone

From Wikipedia, the free encyclopedia

Sierra Leonean leone
ISO 4217 Code SLL
User(s) Sierra Leone
Inflation 1%
Source The World Factbook, 2002 est.
Subunit
1/100 cent
Symbol Le
Coins
Freq. used 100 leones
Rarely used 10, 50, 500 leones
Banknotes 500, 1000, 2000, 5000, 10 000 leones
Central bank Bank of Sierra Leone
Website www.bankofsierraleone-centralbank.org
This article is about the currency. For information about the aircraft, see Aerfer Leone.

The leone is the currency of Sierra Leone, a country on the West African coast. It is divided into 100 cents.

[edit] History

The leone was introduced in 1964. It replaced the West African pound at a rate of 1 pound = 2 leones.

For an earlier Sierra Leone currency, see Sierra Leonean dollar.

[edit] Denominations

Present banknotes in use are: 500, 1000, 2000, 5000 & 10,000 leones. 10,000 leones notes have been in circulation for less than a year and are at present still infrequently encountered. This means that most transactions take place in bundles of 5000 leones notes. Because of inflation, there will be a 20,000 Leone Banknote issued later, at a date to be confirmed.

Coins in circulation: 10, 50, 100 & 500 leones. Actually, only the 100 leones is available in any quantity. Most shopkeepers and restaurants rarely encounter 500 leones.

[edit] Collecting Sierra Leone Currency

1 leone 1987
Coat of arms Joseph Saidu Momoh

Notes are generally in a very grubby condtion, averages vg to fine. 10,000 leones at best very fine. The Central Bank is an unhelpful source for banknotes and coins.

Coins encountered tend to be VF in condition, with 100 leones slightly better. A few dealers sell older coins and banknotes but their conditions are generally very bad.

The prices in the Pick catalogue for notes are inadequate considering difficulty in acquiring better grade notes. Coins are correctly or even over priced in the Krause-Mishler catalogue.

Current SLL exchange rates
Use Yahoo! Finance: AUD CAD CHF EUR GBP HKD JPY USD
Use XE.com: AUD CAD CHF EUR GBP HKD JPY USD


Currencies of Africa
North Algerian dinar | Euro (Plaza de soberanía) | Egyptian pound | Libyan dinar | Mauritanian ouguiya | Moroccan dirham | Sudanese dinar | Sudanese pound | Tunisian dinar
Central Angolan kwanza | Burundian franc | Central African CFA franc (Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, and Gabon) | Congolese franc | Rwandan franc
West Cape Verdean escudo | Euro (Canary Islands, Madeira) | Gambian dalasi | Ghanaian cedi | Guinean franc | Liberian dollar | Nigerian naira | São Tomé and Príncipe dobra | Sierra Leonean leone | West African CFA franc (Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo)
East Comorian franc | Djiboutian franc | Eritrean nakfa | Ethiopian birr | Kenyan shilling | Seychellois rupee | Somali shilling | Somaliland shilling | Tanzanian shilling | Ugandan shilling
South Botswana pula | Euro (Mayotte, Réunion) | Lesotho loti | Malawian kwacha | Madagascan ariary | Mauritian rupee | Mozambican metical | Namibian dollar | Saint Helena pound | South African rand | Swazi lilangeni | Zambian kwacha | Zimbabwean dollar
This box: view  talk  edit