SLESierra Leonean LeoneSierra Leonean Leone (SLE)
SLE is the current ISO code for Sierra Leone's redenominated leone.
- ISO code
- SLE
- Symbol
- Le
- Region
- Africa
- Currency type
- Fiat currency
- Exchange system
- Market-based exchange-rate framework
- Last reviewed
Convert this currency
SLE converter
SLERate date:
Quick facts
SLE at a glance
Currency profile
How SLE works
SLE is the current ISO code for Sierra Leone's redenominated leone.
The Bank of Sierra Leone issues the leone and managed the transition from the old SLL scale.
- One new leone equals 1,000 old leones, removing three zeros from the former scale.
- SLE and historical SLL values must retain their code and date to avoid a thousand-fold error.
Context
Why this currency matters
SLE matters because a code change accompanies a major scale change. Correctly distinguishing SLE from SLL prevents old amounts from being read as current leones.
Monetary framework
Exchange arrangement
Market-based exchange-rate framework
CurrencyHub shows daily reference rates. Banks, card networks, ATMs and transfer providers may apply different exchange rates, fees or spreads.
History timeline
Key dates for SLE
Redenomination announced
The Bank of Sierra Leone set out the redenomination framework.
Bank of Sierra Leone - redenominationSLE introduced
The redenominated leone entered circulation at 1 new leone to 1,000 old leones.
Bank of Sierra Leone - redenominationTransition period completed
The old and new cash transition moved toward exclusive use of the current scale.
Bank of Sierra Leone - redenomination
Usage and economy
How SLE is used
- Current prices, accounts and payments in Sierra Leone.
- Historical reconciliation where older records use SLL.
Country currency guides
Banknotes and coins
SLE currency units
The Bank of Sierra Leone documents the banknotes introduced for the SLE redenomination.
The Bank of Sierra Leone documents the coin denominations introduced for the SLE redenomination.
One Sierra Leonean Leone unit is recorded with 2 decimal places and uses Cent as its minor unit.
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Currency relationships
Explore currencies connected through regional use, trade comparisons or monetary relationships.
FAQ
SLE questions
What is the difference between SLE and SLL?
SLE is the current redenominated leone; SLL is the historical code for the old scale.
When did SLE replace SLL?
SLE was introduced on July 1, 2022.
How are old SLL amounts converted to SLE?
One SLE corresponds to 1,000 old leones under the official redenomination.
Who issues SLE?
The Bank of Sierra Leone issues the current leone.
Sources
Data and editorial review
Rate source: Frankfurter
Last reviewed:
Currency identity and cash information is checked against central-bank, government, ISO and official international sources.