5 Dollars

Liberia's monetary history in the early 2000s was shaped by the catastrophic inflation and currency collapse that followed back-to-back civil wars. The Central Bank, re-established in 1999 after years of institutional near-disintegration, issued this series partly to reassert control over a cash economy that had been flooded with degraded, counterfeit, and informally printed notes during the conflict years. Parallel use of the U.S. dollar remained widespread, which suppressed demand for Liberian dollar notes and kept many examples from seeing heavy circulation.

The printed date of 30 April 1945 in the catalog data appears to be a metadata error and should not be taken as a valid issue date for this note.