SLL (Sierra Leone Leone)

DEFINITION of 'SLL (Sierra Leone Leone)'

The currency abbreviation for the Sierra Leone leone (SLL), the currency for the Republic of Sierra Leone, a country in West Africa. The Sierra Leone leone is made up of 100 cents and is often presented with the symbol Le, in the form Le100 for 100 leones.

BREAKING DOWN 'SLL (Sierra Leone Leone)'

The leone replaced the British West African pound as the official currency of Sierra Leone in 1964 at a rate of 2:1. In June of 1986, in order to correct constant overvaluation, a floating exchange rate regime was adopted.