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Money
Currency: Leone (Le) = 100 cents. Notes are in denominations of Le5000, 2000, 1000, 500, 100, 50, 20, 10, 5, 2 and 1. Coins are in denominations of Le100 and 50. In June 1986, a system of ‘floating’ exchange rates was introduced to correct persistent over-valuation of the Leone.
Credit & debit cards: American Express is widely accepted and MasterCard, Diners Club and Visa have limited acceptance. Check with your credit or debit card company for details of merchant acceptability and other facilities that might be available.
Travellers cheques: These are generally not recommended.
Currency restrictions: The import and export of local currency is limited to Le50,000. The import of foreign currency is unlimited subject to declaration; export of foreign currency is limited to the amount declared on arrival (amounts exceeding US$5000 must be authorised by the National Bank of Sierra Leone).
Exchange rate indicators
The following figures are included as a guide to the movements of the Leone against Sterling and the US Dollar:
| Date | May ’02 | Aug ’02 | Nov ’02 | Feb ’03 | | £1.00= | 2965.60 | 3095.03 | 2688.38 | 3614.41 | | $1.00= | 2035.00 | 2035.00 | 1700.00 | 2270.00 |
Banking hours: Mon-Thurs 0800-1330, Fri 0800-1400.
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