The leone is the currency of Sierra Leone and the leone is abbreviated as Le placed before the amount. The leone was introduced in 1964. It replaced the British West African pound at a rate of 1 pound = 2 leones. In 1964, coins were introduced in denominations of ½, 1, 5, 10 and 20 cents which all had the portrait of Sir Milton Margai. In 1972, 50 cents coins were introduced which showed the portrait of Dr Siaka Stevens. This portrait also appeared on a new, slightly smaller series of coins introduced in 1980 in denominations of ½, 1, 5, 10 and 20 cents. In 1987, octagonal, nickel-bronze 1 leone coins were introduced.
Following a period of high inflation, new coins were introduced in 1996 for 10, 50 and 100 leones. 500 leones coins were introduced in 2004. Of the four coins in circulation, only the 100 leones is available in any quantity.
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