GENERAL KNOWLEDGE

GK

CURRENCIES OF THE WORLD

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the national currency of Liberia?
A
Liberian guilder
B
Liberian dollar
C
Liberian franc
D
Liberian peso
Explanation: 

Detailed explanation-1: -The Liberian dollar is the national currency of the African Republic of Liberia. The currency is printed and its value is maintained by the Central Bank of Liberia. Although it is not pegged to any currency, Liberians use the Liberian dollar alongside the U.S. dollar.

Detailed explanation-2: -Money. The Liberian Dollar (LRD) is the official currency of Liberia, but the United States Dollar is still widely accepted. Although the US Dollar is the best foreign currency to carry.

Detailed explanation-3: -The Liberian dollar is an official national currency and used only in Liberia. 1 dollar is devided into 100 Cents.

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