About the Sierra Leonean Leone (Old)
The Sierra Leonean Leone (SLL) was introduced in 1964, replacing the British West African Pound. It was in circulation until its redenomination in 2022 due to significant inflation.
The name 'Leone' is derived from Sierra Leone's national animal, the lion, and the Lion Mountain peninsula where Freetown is located.
Interesting Facts
Replaced by the New Leone
Due to decades of high inflation, the old Leone (SLL) was redenominated in 2022, with a new currency (SLE) introduced to restore monetary stability.
Diamond Wealth and Civil War
The old Leone's history was intertwined with Sierra Leone's diamond wealth, but also suffered greatly during the civil war, leading to economic collapse and inflation.
Independence Leaders on Notes
The banknotes often featured portraits of former presidents, celebrating Sierra Leone's post-independence leaders.
Historical Timeline
Sierra Leone gains independence.
The Leone (SLL) is introduced.
The New Leone (SLE) is introduced, replacing the old Leone at a rate of 1000 SLL = 1 SLE.
Denominations
Banknotes
Coins
Security Features
Quick Facts
- ISO Code
- SLL
- Symbol
- Le
- Numeric Code
- 694
- Subunit
- Cent (1/100)
- Introduced
- 1964-08-04
Central Bank
- Name
- Bank of Sierra Leone
- Headquarters
- Freetown, Sierra Leone
- Founded
- 1964
- Current Governor
- Ibrahim Stevens (since 2023)
Economic Data
- Reserve Currency Share
- 0.0%
- Forex Volume Share
- 0.0%
Exchange Rates
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