Liberian dollar

The Liberian dollar is the currency of Liberia (LR)
1 LRD = 0.008 AUD
1 AUD = 129.100 LRD
1 LRD = 6.777 ARS
1 ARS = 0.148 LRD
1 LRD = 14.897 BIF
1 BIF = 0.067 LRD
1 LRD = 0.002 BHD
1 BHD = 531.303 LRD
1 LRD = 0.034 BOB
1 BOB = 29.311 LRD
1 LRD = 0.009 AZN
1 AZN = 117.512 LRD
1 LRD = 0.440 BTN
1 BTN = 2.275 LRD
1 LRD = 2.529 CRC
1 CRC = 0.395 LRD
1 LRD = 0.106 CZK
1 CZK = 9.392 LRD
1 LRD = 0.036 CNY
1 CNY = 27.803 LRD
1 LRD = 0.032 DKK
1 DKK = 30.961 LRD
1 LRD = 0.681 ETB
1 ETB = 1.468 LRD
1 LRD = 43.350 GNF
1 GNF = 0.023 LRD
1 LRD = 0.033 HRK
1 HRK = 30.665 LRD
1 LRD = 82.010 IDR
1 IDR = 0.012 LRD
1 LRD = 0.792 JMD
1 JMD = 1.262 LRD
1 LRD = 0.438 KGS
1 KGS = 2.284 LRD
1 LRD = 0.008 BAM
1 BAM = 118.130 LRD
1 LRD = 0.009 ANG
1 ANG = 112.376 LRD
1 LRD = 0.069 BWP
1 BWP = 14.428 LRD
1 LRD = 0.006 BND
1 BND = 155.077 LRD
1 LRD = 14.577 CDF
1 CDF = 0.069 LRD
1 LRD = 0.010 BZD
1 BZD = 100.045 LRD
1 LRD = 164.935 BYR
1 BYR = 0.006 LRD
1 LRD = 0.008 BGN
1 BGN = 118.130 LRD
1 LRD = 0.007 CAD
1 CAD = 144.918 LRD
1 LRD = 0.653 DZD
1 DZD = 1.532 LRD
1 LRD = 0.075 ERN
1 ERN = 13.318 LRD
1 LRD = 0.242 EGP
1 EGP = 4.125 LRD
1 LRD = 0.011 FJD
1 FJD = 88.183 LRD
1 LRD = 0.004 GBP
1 GBP = 265.475 LRD
1 LRD = 0.004 FKP
1 FKP = 265.475 LRD
1 LRD = 0.038 GTQ
1 GTQ = 26.177 LRD
1 LRD = 0.039 HKD
1 HKD = 25.448 LRD
1 LRD = 1.724 HUF
1 HUF = 0.580 LRD
1 LRD = 6.546 IQD
1 IQD = 0.153 LRD
1 LRD = 211.403 IRR
1 IRR = 0.005 LRD
1 LRD = 2.129 KMF
1 KMF = 0.470 LRD
1 LRD = 6.950 KRW
1 KRW = 0.144 LRD
1 LRD = 0.421 ALL
1 ALL = 2.374 LRD
1 LRD = 0.607 BDT
1 BDT = 1.648 LRD
1 LRD = 0.009 AWG
1 AWG = 111.603 LRD
1 LRD = 0.028 BRL
1 BRL = 36.254 LRD
1 LRD = 0.000 BCH
1 BCH = 113056.027 LRD
1 LRD = 0.000 BTC
1 BTC = 22196666.667 LRD
1 LRD = 0.018 AED
1 AED = 54.396 LRD
1 LRD = 4.581 AOA
1 AOA = 0.218 LRD
1 LRD = 0.005 BSD
1 BSD = 199.770 LRD
1 LRD = 4.834 CLP
1 CLP = 0.207 LRD
1 LRD = 0.016 BYN
1 BYN = 60.630 LRD
1 LRD = 20.509 COP
1 COP = 0.049 LRD
1 LRD = 0.119 CUP
1 CUP = 8.436 LRD
1 LRD = 0.000 ETH
1 ETH = 713464.286 LRD
1 LRD = 0.004 EUR
1 EUR = 231.044 LRD
1 LRD = 0.131 HNL
1 HNL = 7.643 LRD
1 LRD = 0.364 GMD
1 GMD = 2.748 LRD
1 LRD = 0.004 GIP
1 GIP = 265.475 LRD
1 LRD = 0.646 HTG
1 HTG = 1.547 LRD
1 LRD = 0.004 JOD
1 JOD = 281.763 LRD
1 LRD = 0.738 JPY
1 JPY = 1.355 LRD
1 LRD = 0.343 AFN
1 AFN = 2.917 LRD
1 LRD = 0.010 BBD
1 BBD = 99.885 LRD
1 LRD = 0.005 BMD
1 BMD = 199.770 LRD
1 LRD = 1.911 AMD
1 AMD = 0.523 LRD
1 LRD = 0.004 CHF
1 CHF = 247.464 LRD
1 LRD = 0.890 DJF
1 DJF = 1.123 LRD
1 LRD = 0.303 DOP
1 DOP = 3.298 LRD
1 LRD = 0.477 CVE
1 CVE = 2.095 LRD
1 LRD = 0.014 GEL
1 GEL = 73.994 LRD
1 LRD = 0.053 GHS
1 GHS = 18.950 LRD
1 LRD = 1.048 GYD
1 GYD = 0.955 LRD
1 LRD = 0.017 ILS
1 ILS = 57.775 LRD
1 LRD = 0.440 INR
1 INR = 2.275 LRD
1 LRD = 0.617 ISK
1 ISK = 1.620 LRD
1 LRD = 20.014 KHR
1 KHR = 0.050 LRD
1 LRD = 0.647 KES
1 KES = 1.546 LRD
1 LRD = 0.002 KWD
1 KWD = 653.462 LRD
1 LRD = 2.690 KZT
1 KZT = 0.372 LRD
1 LRD = 1.499 LKR
1 LKR = 0.667 LRD
1 LRD = 0.046 MAD
1 MAD = 21.965 LRD
1 LRD = 10.505 MMK
1 MMK = 0.095 LRD
1 LRD = 17.968 MNT
1 MNT = 0.056 LRD
1 LRD = 0.230 MUR
1 MUR = 4.353 LRD
1 LRD = 1.995 MRO
1 MRO = 0.501 LRD
1 LRD = 0.077 MVR
1 MVR = 12.933 LRD
1 LRD = 8.669 MWK
1 MWK = 0.115 LRD
1 LRD = 0.008 NZD
1 NZD = 117.685 LRD
1 LRD = 0.704 NPR
1 NPR = 1.421 LRD
1 LRD = 0.288 PHP
1 PHP = 3.472 LRD
1 LRD = 1.419 PKR
1 PKR = 0.704 LRD
1 LRD = 7.231 RWF
1 RWF = 0.138 LRD
1 LRD = 0.000 LTC
1 LTC = 24499.632 LRD
1 LRD = 0.094 MXN
1 MXN = 10.614 LRD
1 LRD = 0.184 NIO
1 NIO = 5.443 LRD
1 LRD = 0.022 RON
1 RON = 45.524 LRD
1 LRD = 4.505 KPW
1 KPW = 0.222 LRD
1 LRD = 0.004 KYD
1 KYD = 240.206 LRD
1 LRD = 442.445 LBP
1 LBP = 0.002 LRD
1 LRD = 0.027 LYD
1 LYD = 36.740 LRD
1 LRD = 107.717 LAK
1 LAK = 0.009 LRD
1 LRD = 22.230 MGA
1 MGA = 0.045 LRD
1 LRD = 1.000 LRD
1 LRD = 1.000 LRD
1 LRD = 0.267 MKD
1 MKD = 3.751 LRD
1 LRD = 0.090 LSL
1 LSL = 11.129 LRD
1 LRD = 0.040 MOP
1 MOP = 24.707 LRD
1 LRD = 0.085 MDL
1 MDL = 11.733 LRD
1 LRD = 0.090 NAD
1 NAD = 11.129 LRD
1 LRD = 0.021 MYR
1 MYR = 47.254 LRD
1 LRD = 0.002 OMR
1 OMR = 519.180 LRD
1 LRD = 7.658 NGN
1 NGN = 0.131 LRD
1 LRD = 0.021 PGK
1 PGK = 47.718 LRD
1 LRD = 0.005 PAB
1 PAB = 199.770 LRD
1 LRD = 0.018 PEN
1 PEN = 56.060 LRD
1 LRD = 0.051 NOK
1 NOK = 19.448 LRD
1 LRD = 0.019 PLN
1 PLN = 53.944 LRD
1 LRD = 36.963 PYG
1 PYG = 0.027 LRD
1 LRD = 0.018 QAR
1 QAR = 54.882 LRD
1 LRD = 0.043 SBD
1 SBD = 23.511 LRD
1 LRD = 0.019 SAR
1 SAR = 53.272 LRD
1 LRD = 0.006 SGD
1 SGD = 155.077 LRD
1 LRD = 113.509 SLL
1 SLL = 0.009 LRD
1 LRD = 0.162 THB
1 THB = 6.178 LRD
1 LRD = 0.150 TWD
1 TWD = 6.678 LRD
1 LRD = 0.207 UAH
1 UAH = 4.825 LRD
1 LRD = 17.871 UGX
1 UGX = 0.056 LRD
1 LRD = 0.185 SRD
1 SRD = 5.403 LRD
1 LRD = 106.820 STD
1 STD = 0.009 LRD
1 LRD = 0.204 TRY
1 TRY = 4.912 LRD
1 LRD = 0.034 TTD
1 TTD = 29.669 LRD
1 LRD = 0.012 TOP
1 TOP = 82.954 LRD
1 LRD = 63.068 UZS
1 UZS = 0.016 LRD
1 LRD = 1.203 YER
1 YER = 0.831 LRD
1 LRD = 0.090 ZAR
1 ZAR = 11.129 LRD
1 LRD = 0.507 RSD
1 RSD = 1.972 LRD
1 LRD = 0.401 RUB
1 RUB = 2.497 LRD
1 LRD = 2.819 SOS
1 SOS = 0.355 LRD
1 LRD = 0.044 SVC
1 SVC = 22.831 LRD
1 LRD = 65.085 SYP
1 SYP = 0.015 LRD
1 LRD = 0.090 SZL
1 SZL = 11.129 LRD
1 LRD = 0.015 TND
1 TND = 68.872 LRD
1 LRD = 0.201 UYU
1 UYU = 4.978 LRD
1 LRD = 131.172 VND
1 VND = 0.008 LRD
1 LRD = 0.596 VUV
1 VUV = 1.677 LRD
1 LRD = 0.014 WST
1 WST = 72.075 LRD
1 LRD = 2.839 XAF
1 XAF = 0.352 LRD
1 LRD = 0.014 XCD
1 XCD = 73.800 LRD
1 LRD = 0.073 SCR
1 SCR = 13.738 LRD
1 LRD = 0.048 SEK
1 SEK = 20.659 LRD
1 LRD = 0.004 SHP
1 SHP = 265.475 LRD
1 LRD = 12.456 TZS
1 TZS = 0.080 LRD
1 LRD = 0.005 USD
1 USD = 199.770 LRD
1 LRD = 0.516 XPF
1 XPF = 1.936 LRD
1 LRD = 2.839 XOF
1 XOF = 0.352 LRD

Evolution of the LRD Exchange Rate

The Liberian dollar (LRD) exchange rate has experienced significant fluctuations over time. Historically, from 1973 to 1984, the LRD was pegged to the US dollar at a rate of 1:1. However, due to economic instability and inflation, the currency was devalued in 1984, leading to a floating exchange rate regime.

Since then, the LRD has shown a general trend of depreciation against major global currencies. This depreciation can be attributed to various factors such as political instability, limited export diversification, high levels of inflation, and economic challenges faced by Liberia.

Variations in the LRD Exchange Rate

The LRD exchange rate has been subject to significant variations over time. These variations are influenced by both internal and external factors. Internal factors include political instability, economic policies, inflation rates, and fiscal management. External factors include global economic trends, commodity prices, and investor sentiment towards Liberia.

Over the years, the LRD has experienced periods of rapid depreciation, particularly during times of economic crises or political instability. For example, during the Liberian Civil War in the 1990s, the exchange rate reached alarming levels, with hyperinflation wiping out the value of the currency. However, there have also been periods of relative stability where the exchange rate has remained relatively steady.

Significance of LRD in the Global Economy

The Liberian dollar holds limited significance in the global economy. Liberia is a small, developing country with a relatively small economy and limited international trade. As a result, the LRD has minimal impact on global foreign exchange markets.

However, the stability of the LRD is important for the local economy and the livelihoods of Liberian citizens. A stable exchange rate encourages foreign investment, promotes trade, and enhances economic growth in the country. Additionally, it allows for price stability and helps maintain the purchasing power of the local population.

Shocks Experienced by LRD and Correlation with Other Currencies

The LRD has been susceptible to various shocks due to its vulnerability to external factors and internal challenges. Economic shocks such as commodity price fluctuations, changes in global financial markets, and political events can have a significant impact on the LRD exchange rate.

However, due to Liberia's limited integration with global financial markets, the correlation between the LRD and other major currencies is relatively weak. The LRD is primarily influenced by domestic factors and economic conditions specific to Liberia. It is worth noting that the currency is not widely traded in international markets, further limiting its correlation with other currencies.