Money and duty free for Liberia

Currency and Money

Currency information

Liberian Dollar (LRD; symbol L$) = 100 cents. Notes are in denominations of L$100, 50, 20, 10 and 5. Coins in circulation are L$1 and 50, 25, 10 and 5 cents. US Dollar notes are in circulation in the following denominations: US$100, 50, 20, 10, 5 and 1.

The Liberian Dollar is tied to the US Dollar.

Credit cards

Not generally accepted.

ATM

There are few ATMs in Liberia.

Travellers cheques

These are generally not accepted.

Banking hours

Mon-Thurs 0900-1200, Fri 0800-1400. Some banks may open on Saturday.

Currency restrictions

There are no restrictions on the import or export of local or foreign currency.

Currency exchange

Money can be exchanged at the Liberia Bank for Development and Investment (LBDI), on the corner of Randall and Ashmun Streets in Monrovia. LBDI also incorporates a Western Union office, which can receive urgent money transfers from abroad (though the procedure is lengthy and will take approximately one day).

Liberia duty free

Overview

The following goods may be imported into Liberia without incurring customs duty:

• 200 cigarettes or 25 cigars or 250g tobacco.
• 1L of spirits and 1L of wine.
• 100ml of perfume and 1L of eau de toilette.
• Goods to the value of US$125.

Banned Imports

Restricted imports include flowers and plants, which must be accompanied by a phytosanitary certificate.