The live mid-market AUD→LRD rate and what it means for a transfer to Liberia. We explain the process; we never recommend a provider.
| You send (AUD) | Mid-market equivalent (LRD) |
|---|---|
| 500 AUD | 59,525 LRD |
| 1,000 AUD | 119,050 LRD |
| 2,000 AUD | 238,100 LRD |
| 5,000 AUD | 595,250 LRD |
These are mid-market equivalents, not transfer quotes - a provider deducts its exchange-rate margin and any fee from these figures. STRUCK 11:00 AEST · TUE 13 OCT.
A continent pretending to be a country - Australia is the only nation that fills an entire continent, with most of its 27 million people clinging to the coast while the red-dirt interior does its own thing.
A blue field with the Union Jack in the canton, a large white seven-pointed Commonwealth Star below it, and the five white stars of the Southern Cross at the fly. Six of the big star's points stand for the states and the seventh for the territories; the Southern Cross marks Australia's place in the southern sky.
Founded in the 1800s by freed people from the United States, Liberia is Africa's oldest republic and its capital honours a US president. Its rainforests shelter some of West Africa's last wild elephants.
Eleven horizontal stripes, six red and five white, with a blue canton bearing a single white star, in the same stripes-and-canton layout as the United States flag but with one star in place of fifty. No Liberian constitution describes the flag, and the 1847 convention notice that fixed the design assigns it no meaning. The readings come instead from the presidential National Flag Day proclamation: the eleven stripes for the eleven signers of the declaration of independence, the star for Liberia as the only independent state in Africa at the time, red for the blood of those who died in the struggle for independence, white for purity of mind, and blue for the African continent.
Liberia is one of the few countries where two currencies are both legal tender: US dollars and Liberian dollars circulate side by side and prices are often quoted in either. Working out which of the two a recipient’s account actually holds avoids a second conversion at the far end.
Australia’s exchange controls went with the float. A Reserve Bank research paper dates their abolition to the December 1983 decision that ended the crawling peg and opened the country to capital moving in both directions. Sanctions are a separate matter and do still apply. Targeted financial sanctions prohibit making assets available to designated persons and entities, and the Australian Sanctions Office within the Department of Foreign Affairs and Trade maintains the Consolidated List that names them. The other requirement sits with the provider rather than the sender. Before it carries out a first transfer the provider must complete customer identification: collect identifying information, then verify it against reliable and independent documents or electronic data. That is the request for identity documents a first-time sender meets before anything can be sent.
The report that follows is the provider’s, not yours. A reporting entity must lodge an international funds transfer instruction report with AUSTRAC for a transfer of any value into or out of Australia, within ten business days of the instruction. There is no amount below which one is not filed, and on a transfer sent through a provider there is nothing for the sender to lodge. What is left to a sender is timing and route. The banking day that decides when money lands is the destination’s, not Australia’s, and Australian business hours run ahead of nearly every country on this list: Monday morning in Sydney is still Sunday in the Americas. The Committee on Payments and Market Infrastructures records that payments reaching a beneficiary country outside its operating hours stall until the system reopens. Route matters as much as the hour. A payment may pass through correspondent banks on its way, or through a provider that operates in both countries and, the Reserve Bank notes, avoids some of the costs of that intermediation.
Related pages on this corridor: the LRD → AUD page covers the opposite direction, the AUD/LRD converter page has amount conversion and history, and the currency converter handles any amount. On the other end of this transfer? The receiver’s view covers what arrives and what to check.
How much Liberian dollar will the recipient actually get?
A little less than the mid-market figures on this page. Providers apply their own exchange rate (the mid-market rate minus a margin) and usually a transfer fee, so the amount that arrives in Liberia depends on both. Comparing a provider's quote against the mid-market rate shown here reveals the real cost.
Is there a best day to send money to Liberia?
Rates move constantly and Tradergy doesn't forecast them. What you can control is the cost of the transfer itself: the gap between the quoted rate and the mid-market rate, plus any fees.
Why is my provider’s rate worse than this one?
No retail provider transacts at the mid-market rate - it is the midpoint of the wholesale market. What separates it from a quoted rate is margin, and margin is normally a larger cost than any advertised fee.