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Pegged exchange rate within horizontal bands (1) Morocco ; Other managed arrangement (12) Kuwait Syria Liberia Myanmar Sierra Leone Zimbabwe Kenya Haiti Kyrgyzstan Tonga Vanuatu Venezuela ; Floating (32) Angola Belarus Madagascar Yemen Albania
The leone is the currency of Sierra Leone. It is subdivided into 100 cents . As of 1 July 2022, the ISO 4217 code is SLE due to a redenomination of the old leone (SLL) at a rate of SLL 1000 to SLE 1. [ 2 ]
Sierra Leone operates a floating exchange rate system, and foreign currencies can be exchanged at any of the commercial banks, recognised foreign exchange bureaux and most hotels. Credit card use is limited in Sierra Leone, though they may be used at some hotels and restaurants.
The Bank of Sierra Leone is the central bank of Sierra Leone. It issues the country's currency, known as the Leone . The bank formulates and implements monetary policy , including foreign exchange .
Sierra Leone: Sierra Leonean leone ... However, excluding the pegged (fixed exchange rate) currencies, there are only 130 currencies that are independent or pegged to ...
The exchange rate is grossly more favourable to the seller of the foreign currency than is the official bank rate, but such trading is usually illegal. [ citation needed ] In many rural areas there is still a strong bartering culture, the exchanged items being of more immediate value than official currency (following the principle that one can ...
Sierra Leonean leone This page was last edited on 2 December 2024, at 21:13 (UTC). Text is available under the Creative Commons Attribution ...
Its functions include the exchange of information and assistance in the development of member exchanges. [ 1 ] [ 2 ] As of 2022 [update] , there were 30 exchanges in Africa, representing 39 nations' capital markets.