Liberia The Liberian Dollar (LRD) is the official currency of Liberia, a West African nation with a history of close economic ties to the United States. The currency was introduced in 1847, replacing the US Dollar, which is still widely used alongside the Liberian Dollar. The currency is issued by the Central Bank of Liberia and is available in both coins and banknotes. The Liberian economy is primarily driven by natural resource exports, including rubber, timber, and iron ore, but it faces economic challenges due to past conflicts and infrastructure issues. Despite these challenges, the Liberian Dollar remains the primary medium of exchange within the country.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.
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