Exchange GBP to LRD - Convert Pound to Liberian Dollar- Free Online Quote

GBP to LRD Exchange Rate

Currency Exchange Rates for Liberian Dollar. Currency Information on Liberian Dollar - LRD — Liberian Dollar – L$ or LD$. The foreign exchange currency code for LRD represents the Liberian Dollar exchange rate.

Liberia first started using the Liberian dollar in 1847; this dollar was pegged at a 1:1 ratio with the US dollar. In 1907 the Liberian dollar was replaced by the introduction of the British West African Pound, pegged to the pound sterling.

The British West African Pound was replaced by the introduction of the US dollar in 1935.

However Liberia began issuing its own currency alongside the US denominations. In the 1980’s, the minting of $5 coins worsened the already struggling currency.

After the economic crisis. $5 and $1 coins weighed the same, which was abused by traders, leading to the issuing of $5 notes, rather than coins.

Currency Information on LRD. Currently in circulation are 5, 10, 25, and 50 cent coins, along with $1 coins. Banknotes are available in denominations of 5, 10, 20, 50 and 100 dollars.

Convert Pound to Liberian Dollar

Convert GBP to LRD exchange rate. Buy and sell British Pounds to Liberian Dollar. Convert LRD to GBP with a currency broker offering the best foreign exchange rates. Exchange GBP to LRD - Convert Pound to Liberian Dollar for a Free Online Quote.

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