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Easily convert LRD to XAF with ConvertOnline's efficient tool.
The Liberian Dollar (LRD) is the official currency of Liberia, a country located on the West African coast. It was first introduced in 1847, shortly after the country declared its independence, and serves as a medium of exchange for goods and services within the nation. The currency is subdivided into 100 cents and is used alongside the United States Dollar, which is also widely accepted in Liberia.
The CFA Franc BEAC (XAF) is the currency used by six Central African countries that are part of the Economic and Monetary Community of Central Africa (CEMAC). It is pegged to the Euro, which helps stabilize its value and facilitate trade within the region and with the Eurozone.