Redefining business expense management with the Instarem Business Card
In today’s fast-moving business landscape, managing expenses with precision and efficiency is no…
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.
If you cannot find the location you would like to send to, it means we currently do not support transfers to that destination, but we are working on it! Do come back and check again as we are continuously updating our services.
If you cannot find your desired currency pair, it means that transfers to that specified currency are not supported by our services, but we are working on it! Do come back and check again as we are continuously updating our services.
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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.