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Car hire Liberia - Currency Regulations

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Currency Regulations
CURRENCY REGULATIONS: The U.S. dollar is readily accepted in Liberia. While the official rate of exchange is one U.S. dollar to one Liberian dollar, the street rate is substantially different, and it varies. In the past few months, the street rate has been 35-40 Liberian dollars to one U.S. dollar. The Central Bank of Liberia has recently issued new currency, and all older Liberian currency such as the "Liberty" and the "JJ" is no longer legal tender. The use of traveler’s checks is subject to substantial fees, and few commercial establishments accept them. ATMs are unavailable, and credit/debit cards are not accepted anywhere in Liberia. Wire transfers through Western Union and some banks are available, but subject to substantial fees.

 

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