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LRD flagLiberian Dollar
(LRD) Insights

Currency of West African nation with unique history as freed-slave settlement; iron ore, rubber, and timber exporter; post-civil war rebuilding (1989–2003); Ellen Johnson Sirleaf (Africa's first female president 2006–2018); 2014–2015 – Ebola epidemic; growing Liberian fintech

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Currency Snapshot

Technical specifications, central bank governance, and market standing for Liberian Dollar.

ISO Code

LRD

Standardized ISO 4217 Currency Code

Symbol

L$

Unicode Glyphs & Display Symbol

Minor Unit

1/100 = Cent Decimals

Subdivision unit definition

Region

Liberia

LRD Primary AreaGlobal Trade
Central Bank

Central Bank of Liberia (CBL)

Central Bank of Liberia (CBL)

Pegged Currency

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Market-determined exchange rate mechanism

Currency Standard: Fiat (heavily dollarised; USD is official legal tender alongside LRD)

Classified as Fiat (heavily dollarised; USD is official legal tender alongside LRD) in global trade networks

Banknotes

L$ 5

Coins

25c

Global Network Integration

The FX Intelligence terminal maps the institutional footprint of the Liberian Dollar, highlighting cross-border utilization and primary trading corridors.

Fiat (heavily dollarised; USD is official legal tender alongside LRD)
Classification
USD/LRD
Top Pair Mapping
Liberia; USD co-circulates and dominates
Main Adoption Regions
Liberian Dollar Trading Terminal

Verified Authority

Regulated data streams mapped to Central Bank of Liberia (CBL).

Economic Intelligence

LRD Market Insights

Deep-dive analysis of the Liberian Dollar's global impact, remittance role, and institutional influence.

Strong Currency Impact

Strong Currency Impact

Cheaper imports; lower iron ore revenues; lower inflation

Weak Currency Impact

Weak Currency Impact

Higher iron ore revenues; rubber export boost; higher import costs; inflation pressure

Remittance Role

Remittance Role

Liberia receives significant remittances (~$500 million/year) from diaspora in USA, UK, Ghana; Americo-Liberian diaspora in USA historically significant

Central Bank Tools

Central Bank Tools

Policy Rate, Reserve Requirements, FX management (limited; USD dominates)

Support & Resources

Common Questions About Liberian Dollar

Everything you need to know about LRD exchange rates, banknotes, and historical significance.

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