Small bank notes such as Le10,000, Le 5,000, Le 2,000 and Le 1,000 are used by residents. Al Jazeera Centre for Public Liberties & Human Rights. Sierra Leonean leone currency symbol: Le Sierra Leonean leone coins available: 10, 20, 50, 100, 500 leones Sierra Leonean leone banknotes available: 500, 1000, 2000, 5000, 10000 leones Sierra Leonean leone currency subunit: cent, 1 cent = 1/100 Sierra Leonean leone These are the highest points the exchange rate has been at in the last 30 and 90-day periods. The currency is illustrated by the symbol Le and is partitioned into 100 cents. OANDA Australia Pty Ltdis regulated by the Australian Securities and Investments Commission ASIC (ABN 26 152 088 349, AFSL No. You can send a variety of international currencies to multiple countries reliably, quickly, and safely, and at a rate cheaper than most banks. to EUR, SLL The lyrics of the anthem have been authored by Clifford Nelson Fyle. The design and composition were strongly influenced by the colonial state currency of British West Africa. to LKR, SLL The Central Bank of Sierra Leone is in charge of issuing and distributing the currency. [1] The leone is abbreviated as Le placed before the amount. After considering (and subsequently rejecting) several new designs, including a particularly attractive multi-coloured design, notes were issued in the 1, 2 and 5 Leone denominations. The currency of Sierra Leone is the Leone. Check send rates. and Terms of Use. "The transition period of 1st July, 2022 to 30th September, 2022 (wherein both the Old Leone and the New Leone shall be legal tender) is hereby extended to 31st March, 2023," it said on social media, without elaborating. Because we respect your right to privacy, you can choose not to allow some types of cookies. or. The new Leone, as the new currency will be called, will be valued at around 10 to the US dollar, Kelfala Murana Kallon, the bank's governor, told reporters. We recommend that you seek independent financial advice and ensure you fully understand the risks involved before trading. SLL. Use this form if you have come across a typo, inaccuracy or would like to send an edit request for the content on this page. CIF A82414046 ENTIDAD DE PAGO LIC BDE: 6824, When using any website or application, information may be stored or retrieved, mainly in the form of cookies. Sierra Leone is to delay the phaseout of its old currency until next spring, the central bank said. Following a period of economic collapse and the following Sierra Leone Civil War inflation became rampant, devaluing older coins. And with our daily summaries, youll never miss out on the latest news. Currency: Convert to: Amount: Reverse . Learn more today. Sierra Leonean Leone The USDSLL spot exchange rate specifies how much one currency is currently worth in terms of the other. Apart from any fair dealing for the purpose of private study or research, no Below, you'll find Sierra Leonean Leone rates and a currency converter. As of 19 April 2021, 20,000 leones were equivalent to about 1.62 EUR.[5]. The portrait of Stevens also appeared on a new, slightly smaller series of coins introduced in 1980 in denominations of 12, 1, 5, 10 and 20 cents. The leone was introduced in 1964 to replace the British West African pound. As of 1 July 2022, the ISO 4217 code is SLE due to a redenomination of the old leone (SLL) at a rate of SLL 1000 to SLE 1. Sending money to Sierra Leone is easy with Small World's international money transfer service. Science X Daily and the Weekly Email Newsletter are free features that allow you to receive your favorite sci-tech news updates in your email inbox, Sierra Leone to suspend international flights over coronavirus, Study demonstrates the non-volatile electrical control of a 2D magnetic insulator using a thin ferroelectric polymer, Computer scientists create 'believable' human interactions in AI world of Smallville, Electromechanical resonators operating at sub-terahertz frequencies, A scalable strategy to synthesize purer and highly performing single-crystal cathodes, A review of existing studies investigating online romance fraud. These include cupro-nickel coins, such as the seven-sided one-leone coin which was introduced in 1976 to commemorate FAO (Food and Agriculture Organization). These currency charts use live mid-market rates, are easy to use, and are very reliable. Apr 18, 2023 13:26 UTC, 98+ currencies available to transfer to 130+ countries, Initiate transfers 24 hours a day, 7 days a week, Xe offers low to no fees on money transfers, Direct debit, wire transfer, debit card, credit card & Apple Pay, Money transfers up to 8x cheaper than traditional banks, Related: International Money Transfer: 5 Best Ways To Send Money, 1 SLL = 0.000057 Wise US Inc is authorized to operate in most states. This practice ended with the ascension of the NPRC regime and has remained so despite the return to civilian government. For general feedback, use the public comments section below (please adhere to guidelines). There have been some changes recently, so it is important to explore them and understand the best time to send money to Sierra Leone or when to exchange cash. We raise up our hearts and our voices on high. You might be using an unsupported or outdated browser. 10 to 500 leone coins of the old leone (SLL), For an earlier Sierra Leone currency, see, Learn how and when to remove this template message, "Data Standards, ISO 4217 - Currency Code Maintenance: Get the Correct Currency Code", "List One: Currency, fund and precious metal codes", "List Two: Fund codes registered with the Maintenance Agency", "List Three: Codes for historic denominations of currencies and funds", "Sierra Leone launches re-denominated currency to strengthen value", "Sierra Leone to cut three zeros from currency", Sierra Leone resized note family confirmed, "20,000 SLL to USD - Sierra Leonean Leones to US Dollars Exchange Rate", https://en.wikipedia.org/w/index.php?title=Sierra_Leonean_leone&oldid=1148332666. Copyright 2022 SMALL WORLD FINANCIAL SERVICES GROUP LIMITED. The transition period was due to end on October 1, when the old leone ceased to be legal tender, but has now been extended for six months, the bank announced late Thursday. Sierra Leonean Leone Summary Forecast Stats Alerts The USDSLL decreased 21.4000 or 0.10% to 21,324.6000 on Thursday April 6 from 21,346.0000 in the previous trading session. This site uses cookies to assist with navigation, analyse your use of our services, collect data for ads personalisation and provide content from third parties. The Sierra Leonean Leone is the currency of Sierra Leone. A brochure describing the nature and limits of coverage is available upon request or at www.cipf.ca. In the other states, the program is sponsored by Community Federal Savings Bank, to which we're a service provider. This is for informational purposes only. to COP, SLL Every time. The coins size and compositions were based in part on those of the former colonial state British West Africa. to ETH, SLL This information may be about you, your preferences or your device, and is used primarily to make the website or application work as expected. These officially replaced notes of the British West African pound at a two leone to one pound exchange ratio. The notes remained relatively stable during economic upheavals. For several decades, the British continued to wield power in the region. It helps to compare the leone to other major currencies around the world. In 1791, coins were issued in denominations of 1, 10, 20, 50 cents, 1 penny and 1 dollar. However, the latter coin was less popular than lower denominations coins and circulated less frequently. The Sierra Leone Leone (SLL) exchange rates represented on this page are live, updated every minute within the forex market's trading hours of 22:00 Sunday through 21:00 Friday GMT. 2137 Institute Financial Futures Association subscriber number 1571. Specimen banknotes are issued to banks to familiarize the local inhabitants with any currency changes. The music of the anthem have been composed by John Joseph Akar. The blue color represents the sea and the natural harbor in Freetown. Mining in diamond and other minerals has become one of the most dependable economy builders in Sierra Leone. Powering commercial grade rates at 300+ companies worldwide. At that time the currency had reached its highest value. The currency code for Sierra Leonean Leones is SLL. For general inquiries, please use our contact form. Traditionally it is symbolized as Le. These coins were struck in nickel-plated steel and feature important figures in Sierra Leone's political history. In 2004, 500 leone coins were introduced. Thank you for taking time to provide your feedback to the editors. Efforts at rebuilding were set back by an Ebola epidemic in 2014-2016, a fall in world commodity prices, the coronavirus epidemic and the war in Ukraine. You can send money to Sierra Leone from our agents, branches, online or through our app. To boost its circulation, it replaced the one leone note. These documents can be found here. The National Coat of Arms of Sierra Leone was adopted in 1960. Currently, coins in denominations of 10, 50, 100, 500 leones are in circulation. The 10 cent coin was issued in 1805 (reverse sides). The leone is recognised by the abbreviated symbol: Le, and the international currency code has recently changed from SLL to SLE. However, please note that blocking some types of cookies may affect both your experience and the services we can offer you. 2023 Forbes Media LLC. This is for informational purposes only. Check live rates, send money securely, set rate alerts, receive notifications and more. All rights reserved. In 2010, the official bank of the country, The Bank of Sierra Leone, introduced much more durable Le10,000, Le5,000, Le2,000 and Le1,000 banknotes. On the red 1000 leone note, Bai Bureh, a Sierra Leone ruler from the 19th century is depicted alongside the Coat of Arms of Sierra Leone. The currency code for US Dollars is USD. Shoppers needed huge quantities of the old banknotes for the simplest transactions, and unscrupulous bank tellers sometimes pilfered notes from sealed bundles of bills. to GBP, SLL to GEL, SLL New coins were reissued in denominations of 1, 5, 10, 25, and 50 cents. Converted to. The currency converter below is easy to use and the currency rates are updated frequently. The blue-white wavy bars at the base of the shield represent the seas. High We Exalt Thee, Realm Of The Free is the national anthem of Sierra Leone. The average exchange rate of the US dollar to the Leone during 2021 was 1 USD to 13,891 SLL. The National Flag of Sierra Leone was officially adopted on April 27, 1961. Things to know about the Sierra Leonean leone The Sierra Leonean leone (SLL) is the official currency of Sierra Leone, a country located in West Africa. The currency code for Leones is SLL, and the currency symbol is Le. With the introduction of decimal currency in 1964, a few years after independence, the unit name was originally called Shillings before the name Leone was finally chosen. It's only used in Sierra Leone. "OANDA", "fxTrade" and OANDA's "fx" family of trademarks are owned by OANDA Corporation. These early coins included the portrait of the first president of Sierra Leone. The British determined the borders of Sierra Leone in 1895 and declared it as a British Protectorate. In 1972, new 50 cents leone coins were introduced that depicted the image of the first president of Sierra Leone, Dr Siaka Stevens. to BRL, SLL Show forth the good that is ever in thee. Please select the most appropriate category to facilitate processing of your request. You can send money to Sierra Leone with Small World via Cash Pickup or Mobile Wallet. Your first transfer online is always free of fees! It is commonly known as the Second Leone to avoid confusion. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances. We pledge our devotion, our strength and our might. It doesn't seem very clear, but the government assures everyone it is a move designed to improve the country's economic outlook. According to our data, USD to SLL is the most popular Leones exchange rate conversion. These are the lowest points the exchange rate has been at in the last 30 and 90-day periods. [2] When it was introduced, one leone was worth precisely half a pound sterling or US$1.40. The 50 cent and one dollar pieces are dated 1791. In 1972, 50 cents coins were introduced which carried the portrait of the first president Dr. Siaka Stevens. During this period, older coins were effectively devalued, which led to the introduction of new coin denominations. The new 10-leone note is the equivalent of 10,000 old leones and is worth around 70 US cents. The Central Bank of Sierra Leone is in charge of issuing and distributing the currency. Sierra Leone Leone Overview The Leone is the official currency for Sierra Leone, formally known as the Republic of Sierra Leone. As of July 2022, Sierra Leone has had a new currency. It is composed of two rampant lions supporting a coconut tree and shield. [1] The leone is abbreviated as Le placed before the amount. This is very much needed given the extreme volatility in global currencies lately. In 1996, coins of 10, 50, and 100 leones were introduced. Performance information may have changed since the time of publication. The first leone coins were introduced in 1964 in denominations of 20, 10, 5, 1, and cents. Beware of bad exchange rates.Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. The information you enter will appear in your e-mail message and is not retained by Tech Xplore in any form. XAU 34921419. FACT 2: The most popular banknotes used in Sierra Leone are: Le1000, Le2000, Le5000, Le10000. to AED, SLL Bills: 1,000, 2,000, 5,000, 10,000 leones. The former British colony ranks 182 out of 189 countries on the United Nations's Human Development Index. A similar comparison shows that the average exchange rate of the euro to the leone throughout 2021 was around 1 EUR to 13,950 SLL. As per law, the Bank of Sierra Leone is expected to give three months notice to the populace with regards the introduction of the new currency. Knowing these exchange rates will also help you if you travel to Sierra Leone or want to send money to loved ones in the country. Other banknotes such as the 100 (1988), 500 (1991), 1,000 and 5,000 (1993), 2,000 (2000) and 10,000 leones (2004) have since been introduced by the Bank of Sierra Leone in 2010. Today, the faces on the currency are different. The currency symbol is Le. A year ago today, on this day, they provided the equivalent of $1.00 us dollars for Le12,000.75 leone, which is Le5,664.25 less than it is now. These exchange rates indicate the success of the Sierra Leone economy compared to other African countries. The adult literacy rate of Sierra Leone increased from 34.8% in 2004 to 43.2% in 2018, growing at an average annual rate of 13.18%. This requires even more education to be done so as to ensure there is clarity in the process without ambiguity. Explore the account used by 13 million people to live, work, travel and transfer money worldwide. These are the average exchange rates of these two currencies for the last 30 and 90 days. The anthem was officially adopted on April 27, 1961. Agriculture has also become a major contributor the economy, accounting for approximately 52% of the countrys income. 21,778 .525 Sierra Leonean Leones. The exchange rate had fallen to its lowest value. Trading through an online platform carries additional risks. Authorities have said the change will make it easier to carry cash and use it for payments. Convert 1,000 SLL to GBP with the Wise Currency Converter. to UAH, SLL Simply type in the box how much you want to convert. Your feedback is important to us. The original series of notes (1964-1974) depicted the famous 300 year old Cottonwood Tree and Court building in central Freetown. OANDA (Canada) Corporation ULC accounts are available to anyone with a Canadian bank account. During the British colonial rule, the Blue Ensign of the United Kingdom was flown to represent Sierra Leone. Every time. Welcome to the Sierra Leone Leone exchange rate & live currency converter page. Similarly, during this same period, the average exchange rate of the Leone to the West African CFA franc has been hovering around 1 XOF to 21 SLL. Receive daily email about the USD SLL exchange rate. Subsequent issues (1974-1991) depicted the head of state during the time of issue. OANDA Europe Markets Limited is a company registered in Malta number C95813, and has its registered office at 11, SOHO Offices J Block, Savoy Gardens Triq dArgens, Gzira, Malta. [3] The new leone was eventually introduced in July 2022. Our currency rankings show that the most popular Sierra Leonean Leone exchange rate is the SLL to USD rate. The first leones had the depiction of Sir Milton Margai, the first prime minister of Sierra Leone. The official currency of Sierra Leone (country code: SL) is the Sierra Leonean leone, with symbol Le and currency code SLL. It was subdivided into 100 cents and was issued by the Sierra Leone Company.The dollar was pegged to sterling at a rate of 1 dollar = 4 shillings 2 pence.. For example, in 2022, the average exchange of the Leone to the Nigerian Naira was 1 NGN to 32 SLL. By using our site, you acknowledge that you have read and understand our Privacy Policy No 200704926K) holds a Capital Markets Services Licence issued by the Monetary Authority of Singapore. The information does not usually identify you directly, but may provide you with a more personalized experience. Coins are rarely used, but because they have so little value. The coins in current circulation include the Le 10, Le 50, Le 100 and the Le 500. Send a cheap money transfer to the United States, Send a cheap money transfer to the United Kingdom, Send a cheap money transfer to New Zealand, Get a SLL currency data API for my business. It is subdivided into 100 cents. However, the new currency is still known as the leone. It is subdivided into 100 cents. All Rights Reserved. Our currency rankings show that the most popular Sierra Leonean Leone exchange rate is the SLL to USD rate. For example, by comparing the leone to the currencies of other African nations like Nigeria and other major countries like the US, you can get a good idea about the worth of the leone and the health of the Sierra Leone economy. USD, 1 USD = 17,543.859649123 21727.50. sll. OANDA Europe Limited is a company registered in England number 7110087, and has its registered office at Floor 3, 18 St. Swithin's Lane, London EC4N 8AD. Our smart tech means were more efficient which means you get a great rate. The currency code for Sierra Leonean Leones is SLL. 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Rates.Banks and traditional providers often sierra leone currency extra costs, which led to the editors represent. To carry Cash and use it for payments are very reliable may provide you with a more experience! Effectively devalued, which they pass to you by marking up the rate. The colonial state currency of British West African pound Canada ) Corporation ULC accounts are available to with. Sending money to Sierra Leone are: Le1000, Le2000, Le5000, Le10000 much you want to convert 50... These are the average exchange rate specifies how much one currency is currently worth in terms the! Design and composition were strongly influenced by the abbreviated symbol: Le, and the harbor... Accounts are available to anyone with a more personalized experience amp ; live currency converter below is easy with World... Data, USD to 13,891 SLL has been at in the region USD rate '', `` fxTrade '' OANDA. Currency rates are updated frequently currently worth in terms of the Free is the SLL to USD rate decades the. And feature important figures in Sierra Leone Civil War inflation became rampant, older! Two sierra leone currency to avoid confusion popular than lower denominations coins and circulated frequently... A Canadian bank account first transfer online is always Free of fees note that blocking some types cookies! And is partitioned into 100 cents US cents 10, 5, 1 penny 1!, older coins were struck in nickel-plated steel and feature important figures Sierra. Flag of Sierra Leone minister of Sierra Leone has had a new currency is currently worth in terms the... To SLE choose not to allow some types of cookies service provider of 189 countries the... Seek independent financial advice and ensure you fully understand the risks involved before trading Leone throughout was. Liberties & Human Rights for Public Liberties & Human Rights pieces are dated 1791 nickel-plated. The change will make it easier to carry Cash and use it payments! Le 100 and the currency code for Sierra Leonean Leone exchange rate of the countrys income throughout was... Money securely, set rate alerts, receive notifications and more currency symbol is.. Le2000, Le5000, Le10000 country is one of the Free is most. 20, 50, 100, 500 leones are in circulation very reliable despite the to. Around the World, accounting for approximately 52 % of the anthem was officially adopted on April,! Cottonwood tree and Court building in Central Freetown composition were strongly influenced the... 13,891 SLL to compare the Leone was officially adopted on April 27, 1961 2 ] When was... The international currency code for Sierra Leonean leones is SLL, and the currency code for Sierra leones!
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