Destination Guides
Liberia

 
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Currency

Liberian Dollar (LRD; symbol L$) = 100 cents. Notes are in denominations of L$100, 50, 20, 10 and 5. US Dollar notes are in circulation in the following denominations: US$100, 50, 20, 10, 5 and 1.

 
Note

The Liberian Dollar is tied to the US Dollar.

 
Currency exchange

Money can be exchanged at the Liberia Bank for Development and Investment (LBDI), on the corner of Randall and Ashmun Streets in Monrovia. LBDI also incorporates a Western Union office, which can receive urgent money transfers from abroad (though the procedure is lengthy and will take approximately one day).

 
Credit & debit cards

Not generally accepted.

 
Traveller's cheques

These are generally not accepted.

 
Currency restrictions

There are no restrictions on the import or export of local currency. The import of foreign currency over the equivalent of US$10,000 should be declared or heavy fines may be imposed. The export of foreign currency is permitted up to US$7500; more may be exported only as bank drafts, traveller's cheques or money orders.

 
Exchange rate indicators

Date Jul 06
£1.00= L$89.21
$1.00= L$49.00

 
Banking hours

Mon-Thurs 0900-1200, Fri 0800-1400. Some banks may open on Saturday.

 
 
uty Free
 

The following goods may be imported into Liberia without incurring customs duty:
200 cigarettes or 25 cigars or 250g tobacco products; 1l of spirits and 1l of wine; 100g of perfume and 1l of eau-de-toilette; goods to the value of US$125.