Historic Sierra Leonean leone Argentine peso

14/09/2020: Introduction of Currency Controls

Argentina tightens currency controls to stabilize the peso and prevent capital flight, imposing restrictions on foreign currency purchases and transfers, marking a significant shift in monetary policy.

11/08/2019: Primary Elections and Peso Devaluation

Following the primary elections, uncertainty in the financial markets leads to a significant devaluation of the peso, causing economic turmoil and further exacerbating the country's financial difficulties.

09/12/2015: Change in Government

Mauricio Macri assumes the presidency, bringing in economic reforms and liberalization policies, impacting the exchange rate and the value of the Argentine peso.

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.

29/07/2003: Introduction of new leone notes

Sierra Leone introduces a new series of leone banknotes with enhanced security features to combat counterfeiting.

02/12/2001: Economic Crisis and Devaluation

Argentina faces a severe economic crisis, resulting in the devaluation of the peso, leading to a sharp decline in its value and triggering social and political unrest.

22/02/1996: Civil war ends

The Sierra Leonean Civil War comes to an end, providing an opportunity for economic stabilization and currency reform.

31/03/1991: Introduction of Convertibility Plan

The Convertibility Plan is implemented, fixing the exchange rate between the Argentine peso and the US dollar on a one-to-one basis, as an attempt to control inflation.

06/01/1985: Introduction of Austral as a new currency

The Argentine government replaces the peso with the Austral as the new currency, aiming to stabilize the economy and tackle hyperinflation.

29/01/1983: End of the military dictatorship

After seven years of military rule, democratic elections are held in Argentina, leading to the end of the military dictatorship and the beginning of a period of economic and political transition.

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.