The Central Bank of Liberia announced a revamp of its existing
currency on July 27 and added a $500 note to the existing lineup of
$5, $10, $20, $50, and $100 denominations. The Liberian dollar is the
equivalent of 1.1 U.S. cents and circulates side by side with the U.S.
dollar as legal tender currency.
Connect with Coin World:
The design of the $500 note will differ from the others in that it
will contain portraits of ordinary Liberians on the face as opposed to
famous leaders from the country’s past. Liberian wildlife is portrayed
on the back. The backs of all the notes include the seal of the bank
with a Kissi penny, a staple of the traditional money category, as
part of its design.
The designs of the other notes in the new series will remain the
same as in the series they are replacing.
The changes, according to a bank statement, are to keep with the
bank’s “statutory mandate to at all times ensure that the integrity of
the Liberian Dollar is uncompromisingly maintained.” The revamped
notes will have new visible and invisible security features and be
printed on higher quality material that provides longer life and lower
porosity, according to the Central Bank of Liberia.
The notes are printed by Thomas De La Rue & Company Ltd. and
will at first co-circulate along with the old notes currently in circulation.