Convert United States Dollar to Liberian Dollar
Please provide values below to convert United States Dollar [USD] to Liberian Dollar [LRD], or Convert Liberian Dollar to United States Dollar.
How to Convert United States Dollar to Liberian Dollar
1 USD = 0.00498793418720116 LRD
Example: convert 15 USD to LRD:
15 USD = 15 × 0.00498793418720116 LRD = 0.0748190128080174 LRD
United States Dollar to Liberian Dollar Conversion Table
| United States Dollar | Liberian Dollar |
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.