Search Investopedia

SLL (Sierra Leone Leone)

Filed Under » ,
Dictionary Says

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.
Investopedia Says

Investopedia explains '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.

Related Definitions

  •

    Authorized Forex Dealer

    Any type of financial institution that has received authorization from a relevant regulatory body to act as a dealer involved with the trading of foreign currencies. Dealing with ...
    Read More »

  • Base Currency

    The first currency quoted in a currency pair on forex. It is also typically considered the domestic currency or accounting currency. For accounting purposes, a firm may use the base ...
    Read More »

  • Currency

    A generally accepted form of money, including coins and paper notes, which is issued by a government and circulated within an economy. Used as a medium of exchange for goods and ...
    Read More »

    • Currency Pair

      The quotation and pricing structure of the currencies traded in the forex market: the value of a currency is determined by its comparison to another currency. The first currency of a ...
      Read More »

    • Forex - FX

      The market in which currencies are traded. The forex market is the largest, most liquid market in the world with an average traded value that exceeds $1.9 trillion per day and includes ...
      Read More »

    • Forex Futures

      An exchange-traded contract to buy or sell a specified amount of a given currency at a predetermined price on a set date in the future. All forex futures are written with a specific ...
      Read More »

    • Quote Currency

      The second currency quoted in a currency pair in forex. In a direct quote, the quote currency is the foreign currency. In an indirect quote, the quote currency is the domestic ...
      Read More »

Articles Of Interest

Sponsored links
Hot Definitions
Partner Links
Suggested Definitions