The currency used in Liberia is called as the Dollar. This currency is denoted with the currency sign L$ and the ISO 4217 Code for the Liberian Dollar is LRD.
The Dollar, is the official currency of the Liberia . It is divided into 100 smaller units called cent.
The constitution of Liberia provides that the Liberia government shall have the power to print the Liberian Dollar and cent coins to be used as a legal tender in Liberia.
The Liberian Dollar bank notes and Cent coins are both designated as "legal tender" in payment of debts.
The Liberian Dollar bill uses the decimal system, consisting of 100 equal units.
The symbol L$
, usually written before the numerical amount, is used for the Liberian Dollar.
Currently printed bank notes denominations are 5, 10, 20, 50, and 100 dollars
and the coins are minted in the denominations of 5, 10, 25, 50 cents, 1 dollar  .