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100 Leones

Issuer Bank of Sierra Leone
Year 1988-1990
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Currency Leone (1964-2023)
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Protection description Lion's head watermark
Variants P#18a - 27.04.1988 without Printer's name
P#18b - 27.04.1989 with Printer's name
P#18c - 26.09.1990 with Printer's name
Comments

Thomas De La Rue printed this series across a three-year window bracketing one of Sierra Leone's more turbulent fiscal periods — the country was operating under an IMF structural adjustment programme and suffering severe inflation that would eventually necessitate a complete currency reform in the early 1990s. The 100 Leones, effectively a mid-range note when introduced, was eroded to near-insignificance in purchasing power by the time the series closed.

Watermark-only security was already conservative by late 1980s standards, and the notes circulated hard in a cash-dependent economy with limited banking infrastructure. Heavily worn examples vastly outnumber clean ones.

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