15/10/2018: Government Formation
The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.
10/06/2014: ISIS captures Mosul
The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.
27/04/2010: Adoption of new currency symbol
Sierra Leone adopts a new currency symbol for the leone (Le), representing its cultural heritage and national identity.
15/10/2004: Introduction of New Iraqi Dinar
A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.
29/07/2003: Introduction of new leone notes
Sierra Leone introduces a new series of leone banknotes with enhanced security features to combat counterfeiting.
20/03/2003: US-led Invasion of Iraq
The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.
22/02/1996: Civil war ends
The Sierra Leonean Civil War comes to an end, providing an opportunity for economic stabilization and currency reform.
02/08/1990: Iraq invades Kuwait
Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.
22/09/1980: Iran-Iraq War Begins
The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.
29/04/1980: Coup d'etat
A military coup takes place in Sierra Leone, leading to economic instability and a decline in the value of the leone.
15/07/1974: Redenomination of the leone
Sierra Leone redenominates its currency, replacing the old leone with a new leone at a ratio of 1:4.
04/11/1971: Introduction of decimal currency
Sierra Leone adopts a decimal currency system, replacing the pound with the leone as its new official currency.
27/04/1961: Independence of Sierra Leone
Sierra Leone gains independence from the United Kingdom, introducing the Sierra Leonean leone as its official currency.
03/10/1932: Independence of Iraq
The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.