SL LEONES REDENOMINATION

 




The Bank of Sierra Leone is re-denominating its currency by cutting triple zero.

This is done by dividing the amount by 1,000.

 

1,000/1,000 = 1;
2,000/1,000 = 2;
100,000/1,000 = 100;
500,000/1,000 = 500.

Triple zero (000) are eliminated from the old LEONES.



Old Leone New Leone Amount of zeros eliminated eliminated
1,000 1 000 1,000
2,000 2 000 2,000
5,000 5 000 5,000
10,000 10 000 10,000
20,000 20 000 20,000

To make it easier, write down the amount in old leone and eliminate the triple zero like this:

le1,000 ↔️ le1,000 you are left with le1

le2,000 ↔️ le2,000 you are left with le2

le3,000 ↔️ le3,000 you are left with le3

le100,000 ↔️ le100,000 you are center with le100

NLe3 is read as three new leones.

What if number doesn't end with zeros like this: le3,549,561? three million five hundred and forty nine thousand five hundred and sixty-one leones.

You can still use the same method above; now you replace the third digit --from right to left -- with point so that the third digit will fall under the cent category.

le3,549,561 ↔️ 3,549,561 ↔️ le3,549.56

>

Old Leone New Leone
30,000 30
31,000 31
32,000 32
33,000 33
34,000 34
35,000 35
36,000 36
37,000 37
38,000 38
39,000 39
40,000 40
41,000 41
42,000 42
43,000 43
50,000 50
60,000 60
70,000 70
80,000 80
90,000 90
100,000 100
101,000 101
102,000 102
103,000 103
104,000 104
105,000 105
106,000 106
107,000 107
108,000 108
109,000 109
110,000 110
111,000 111
112,000 112
120,000 120
121,000 121
130,000 130
140,000 140
150,000 150
160,000 160
190,000 190
200,000 200
250,000 250
300,000 300
500,000 500
1,000,000 1,000
2,000,000 2,000
3,000,000 3,000
10,000,000 10,000


Maybe I will do a video on this, inshallah.
If you have any question leave a reply below I would answer it by God's Will.

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