Liberian dollar
1 EUR = 118.519 LRD 100 LRD = 0.8437 EUR
1 CHF = 96.869 LRD 100 LRD = 1.0323 CHF
The Liberian Dollar is the currency of the Republic of Liberia in West Africa. It is divided into 100 cents. The ISO code is LRD.
Background
Liberia was founded as a country for former slaves from the United States. Therefore, we took over the American dollar for Liberia. He is now next to the Liberian dollar also as means of payment in use.
Banknotes in denominations exist to LRD 5, 10, 20, 50 and 100 hundred Liberian dollars represent only about 0.85 €.
Pictured are President of Liberia:
- 5 LRD: Edward J. Roye, 5th President, Liberia resulted in the bankruptcy and was murdered
- 10 LRD: Joseph Jenkins Roberts, first President
- 20 LRD: William S. Tubman, 1944-1971, treated as a member of the "American" upper class locals as slaves
- 50 LRD: Samuel K. Doe, from 1980 to 1990, came the first non- upper-class, but the Krahn ( people ); murdered his predecessor Tolbert and began the Liberian civil war
- 100 LRD: William R. Tolbert Jr., 1971-1980, in its time hit the incurred under his predecessor Tubman opposites in violence to
The currency is managed by the Central Bank of Liberia.
Monetary history
The Liberian coins and banknotes were produced from the beginning in the State Mint of the United States. Up to the Declaration of Independence of Liberia, the coins were decorated with the American Colonization Society, the first set of coins was minted with the approval of the U.S. government in 1833, a total of 64 editions have been published. For greater amounts of paper money has been spent. The counter value is stored in the state office in Monrovia.
Commemorative Coins
Liberia (as well as Somalia, the Cook Islands, Nauru, Niue, Palau, and some other small states ) known to be particularly large commemorative editions of this state are available on the European coin market. However, many of the embossed motifs have absolutely no connection to the country (eg, the Gorch Fock or the fall of the Berlin Wall). They are (but not in output state ) produced by German companies in Germany or elsewhere, and upon payment of a license fee to the respective governments, they retain the character of an official means of payment, and thus formally a coin, as opposed to other private mint the medals are. Nevertheless, these imprints are treated in the coin market such as medals, since the corresponding company may issue as many different coins as it wants and thus there is no numismatic value. The resale value of such pseudo coins on the coin market is therefore the pure metal value. Therefore, they are not traded in Münzfachhandel; Main distribution channels are newspaper advertisements and teleshopping, where it tries to unsuspecting customers supposed rarities to sell at significantly inflated prices.