Sierra Leone to redenominate currency as new leone

According to a press release dated 11 August 2021, the Bank of Sierra Leone has announced “A new family of currency notes and coins, which shall be called the New Leone, will become legal tender in Sierra Leone in the near future and that the current currency in circulation (the Old Leone) will cease to be legal tender after a period when both currencies shall run concurrently as legal tender.” The new leone replaces the old leone at a rate of 1:1,000.

Courtesy of Aidan Work.

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