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Currency history

Sierra Leonean leone

Sierra Leonean leone: a currency still in use.

Dates in use
Still in use; introduction date not established here
Currency code
SLE
Ancestry branch
Sterling

Select a name for its history or a dated connection for its evidence.

The story

The modern leone rescaling divides nominal amounts by 1, 000. [1]

Turning points

First issue

The UN reports Sierra Leone introduced the leone on 4 August 1964, equal to ten shillings and subdivided into 100 cents. [2]

Redenominated as

Same leone continuity: 1 new unit replaces 1, 000 old units. [3] [4]

Rescaled cash launch

BSL’s newsletter reports new leone circulation on 1 July 2022 at one new unit for 1, 000 old. [3]

Old scale cash tender end

The IMF reports old-leone legal tender ended in December 2023; old notes remained exchangeable at BSL in its 2024 account. [5]

Sources and evidence

  1. Bank of Sierra Leone · Redenomination — Introduction C417 ↗
  2. United Nations Economic Commission for Africa · Economic Bulletin for Africa, Vol.VI No.1, January 1966 (E/CN.14/396) C418 ↗
  3. Bank of Sierra Leone, Financial Inclusion Secretariat · Financial Inclusion Newsletter, Issue No.1, Jan–Jun 2022 C427 ↗
  4. Bank of Sierra Leone, Financial Inclusion Secretariat · Financial Inclusion Newsletter, Issue No.1, Jan–Jun 2022; International Monetary Fund · Sierra Leone: 2024 Article IV Consultation, IMF Country Report No.24/321 C431 ↗
  5. International Monetary Fund · Sierra Leone: 2024 Article IV Consultation, IMF Country Report No.24/321 C429 ↗

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Cite this page

“Sierra Leonean leone.” The Family Tree of Money. © Field Technologies, Inc. Reader edition 2026-10-13; research dataset v44. https://familytreeofmoney.org/currency/T-FTM000645.html

Editorial evidence supplement · Download dataset v44

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