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| Currency |
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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.
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| Note |
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The Liberian Dollar is tied to the US Dollar.
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| Currency exchange |
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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).
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| Credit & debit cards |
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Not generally accepted.
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| Traveller's cheques |
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These are generally not accepted.
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| Currency restrictions |
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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.
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| Exchange rate indicators |
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| Date |
Jul 06 |
| £1.00= |
L$89.21 |
| $1.00= |
L$49.00 |
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| Banking hours |
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Mon-Thurs 0900-1200, Fri 0800-1400. Some banks may open on Saturday.
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