INFORMATION ABOUT LOTI
We show the updated today’s value/price of Loti (LSL).You can get the exchange from Loti to another currency by introducing the value or amount of Loti (LSL) in the box and clicking the convert button. This way you can get the Loti’s price in relation to other currencies.
INTRODUCTION TO THE LOTI
The Loti is the official currency of Lesotho. It was introduced in 1966 but not as legal tender. Only in 1980 the country issued the first coins of Lotis and Lisente to replace the South African rand. It is used by approximated 2 million two hundred thousand people. You can check the today value of the Loti and check its price.
The Central Bank of Lesotho is an independent organization which functions as Central Bank were established in 2000. Previously, it was the Monetary Authority of Lesotho since 1978. Among its functions there are to maintain the prices stability, to formulate, adopt and implement the monetary policy of the country. It is also responsible for the issuance and management the money of the country and the possession, holding and management of its international official reserves. It works as adviser, bank and fiscal agent of the Government of Lesotho.
Countries that use the currency: Lesotho
Symbol: L (Loti-singular), M (Maloti-plural)
Bills: 10, 20, 50,100, 200 maloti
Coins: lisente = 1/100 of 1 Loti. 1, 2, 5, 10, 20, 50 lisente. L1, M2, M5
Issuing Agent: Central Bank of Lesotho Web: http://www.centralbank.org.ls/