The document discusses the redenomination of Sierra Leone's currency. It examines the impacts of redenomination on inflation, currency exchange rates, economic growth, and export values. While past studies have found redenomination significantly impacted inflation and economic growth, the document also discusses potential positive impacts. A weaker currency can stimulate exports by making them cheaper for overseas customers. For example, a weaker U.S. dollar allows exporters to offer discounts while still earning the same dollar amount. Overall, the redenomination was meant to modernize Sierra Leone's currency but also had economic and political considerations.