Pound Sterling to Sierra Leonean Leone — exchange rate

The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.

Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.

The leone is a currency used and issued within one state – Sierra Leone. Traditionally it is symbolized as Le. On the currency exchange market, the currency is shortened to SLL.

Formally, cent serves as change. One leone equals 100 cents. However, since the mid-80s, cents have never been issued anymore. The currency was established as official in 1964 after the elimination of the old currency – the West African pound. For a long time, the leone’s rate was dependent on changes in the pound sterling. Today, the currency floats independently.