Liberian Dollar Currency | Liberia Dollar Notes

Liberian Dollar

Liberian Dollar Currency:

Since 1943, Liberian Dollar has been the official currency of Liberia. It is subdivided into 100 cents. The first Liberian dollar was introduced in 1847. Liberian Dollar was pegged to the US dollar at par and both were circulated until 1907. Liberia adopted the British West African pound, which was pegged to sterling.

Coins were issued in 1847 in the denominations of 1 and 2 cents and were the only Liberian coins until 1896 after that 1, 2, 10, 25 and 50 cent coins were issued. Between 1857 and 1880 bank notes were introduced by The Treasury Department in denominations of 10 and 50 cents, 1, 2, 3, 5 and 10 dollars. In Liberia, United States currency replaced the British West African pound in 1935. Liberia issued its own coins in 1937 which circulated alongside US currency.  Coins were issued in 1937 in denominations of ½, 1 and 2 cents. These were augmented in 1960 with coins in the denominations of 1, 5, 10, 25 and 50 cents. A $1 coin was issued the following year. Five-dollar coins were issued in 1982 and 1985.

In 1989, the currency notes bearing the portrait of J.J Roberts, called “J.J notes”, in the denomination of 5 dollars were issued. Similar notes were issued in 1991 which took the place of the portrait with Liberia’s arms called “Liberty" notes. A new “unified” currency was issued on 29 March 2000 by the Central Bank of Liberia, which was exchanged at par for “J. J.” notes and at a ratio of 1:2 for “Liberty” notes. On 6 October 2016, the Central Bank of Liberia introduced new banknotes in the denominations of 5, 10, 20, 50, 100 and 500 dollars.

Liberian Dollar

Liberian Dollar (Liberia):

Code: LRD

Symbol: L$

Subunit:       

1/100 = cent

Banknotes:  

5, 10, 20, 50, 100 and 500 dollars

Coins:

5, 10, 25, 50 cents, 1 dollar

Central bank:

Central Bank of Liberia

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