Sierra Leone The Sierra Leonean Leone (SLE) is the official currency of Sierra Leone, introduced in 2022 as part of a monetary reform to replace the old SLL at a rate of 1,000:1. This redenomination aimed to simplify transactions, increase public confidence, and combat inflation, which had significantly devalued the previous currency. The Bank of Sierra Leone is responsible for managing the currency, ensuring financial stability in a country that has faced economic challenges due to civil war, Ebola outbreaks, and global economic fluctuations. The leone is primarily used for domestic trade, with agriculture and mining, particularly diamonds, playing a significant role in the country's economy.
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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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