About the AUD/LRD rate
The AUD/LRD rate is how many LRD one Australian dollar buys. It moves constantly with interest-rate expectations, commodity prices and global risk sentiment - see what moves the rate. Tradergy shows the mid-market reference rate and does not forecast where it’s heading. For the 52-week highs and lows and a daily table, see the AUD/LRD rate history.
The other directions of this rate: the reverse rate, LRD → AUD, is on the receiving Liberian dollar view, and sending Australian dollars to Liberia is covered on the AUD → LRD transfer page. Every AUD pair sits on the convert hub, and to work in more than one currency at once there is the currency converter.
How Liberia came to run two legal tenders
Liberia's currency history runs in three long stages, and the Central Bank's own research sets them out. Between 1943 and 1962 the country adopted the US dollar as its official and sole legal tender. From 1962 to 1999, for 37 years, the Liberian dollar and the US dollar traded at an official one-to-one parity. The Central Bank Act of 1999 then expunged that parity, while maintaining the legal tender status of the US dollar. The rate was released; the second currency was not withdrawn.
The consequence is a banking system that runs in two denominations at once. The International Monetary Fund reported in 2025 that about 80 per cent of banks' assets and liabilities are in US dollars, treating that as a form of large private self-insurance. The Central Bank's own working paper put the US dollar share of broad money at 70.2 per cent at the end of August 2016.
Regulation therefore has to be written twice. On the International Monetary Fund's 2025 reading, reserve requirement ratios differ by the currency of the deposit, at 25 per cent for Liberian dollar deposits against 10 per cent for US dollar deposits. The government has been raising the Liberian dollar share of its own wage bill, from 30 per cent towards a target of 35, which is a deliberate use of the state payroll as a de-dollarisation instrument.
Alongside all of this the Bank has been replacing the notes themselves. Its earlier Liberian Series 1 and Series 2 banknotes, printed before 2021, were being exchanged at commercial banks and rural community finance institutions, and the deadline of 31 March 2024 was extended by six weeks to 15 May 2024.
Sources: Central Bank of Liberia, currency · Central Bank of Liberia, Working Paper Series No. 01/2016 · International Monetary Fund, Liberia (Country Report No. 25/290) · Central Bank of Liberia, extension of the old money exchange deadline