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The World Factbook, 2013 est. The leone is the currency of Sierra Leone. It is subdivided into 100 cents. 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. [2] The leone is abbreviated as Le placed before the amount.
Rich in minerals, Sierra Leone has relied on mining, especially diamonds, for its economic base. The country is among the top ten diamond producing countries. Mineral exports remain the main currency earner. Sierra Leone is a major producer of gem-quality diamonds.
Economy of Sierra Leone. $18.942 billion (PPP, 2024est.) [3] All values, unless otherwise stated, are in US dollars. The economy of Sierra Leone is $4.558 billion by gross domestic product as of 2024. [20] Since the end of the Sierra Leone Civil War in 2002, the economy is gradually recovering with a gross domestic product growth rate between 4 ...
The Bank of Sierra Leone is the central bank of Sierra Leone. It issues the country's currency, known as the Leone . The bank formulates and implements monetary policy , including foreign exchange .
Sierra Leonean dollar. Sierra Leonean dollar. The dollar was a currency issued in Sierra Leone between 1791 and 1805. It was subdivided into 100 cents and was issued by the Sierra Leone Company. The dollar was pegged to sterling at a rate of 1 dollar = 4 shillings 2 pence .
African currency was originally formed from basic items, materials, animals and even people available in the locality to create a medium of exchange. This started to change from the 17th century onwards, as European colonial powers introduced their own monetary system into the countries they invaded.
The local name of the currency is used in this list, with the adjectival form of the country or region. ... Sierra Leonean dollar – Sierra Leone;
Website. www.eccb-centralbank.org. Valuation. Pegged with. U.S. dollar = XCD 2.70. The Eastern Caribbean dollar (symbol: EC$; code: XCD) is the currency of all seven full members and one associate member of the Organisation of Eastern Caribbean States (OECS).
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