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Encyclopedia > Lesotho loti

The Loti (pl. maloti) is the currency of the Kingdom of Lesotho. It is subdivided into 100 lisente (sg. sente). It is pegged to the South African Rand on a 1:1 basis, and both are accepted as legal tender within Lesotho. As of January 7, 2005, there were 6.10510 maloti to the US dollar, or 7.97177 to the Euro. The term rand has several possible meanings: in South Africa: rand is an afrikaans word for ridge, and Witwatersrand (literally white water Ridge) was the name given to a ridge that ran through Gauteng; the gold-producing reef ran parallel with this ridge, and the mining areas east and west... Legal tender is payment that cannot be refused in settlement of a debt. ... January 7 is the 7th day of the year in the Gregorian calendar. ... 2005 is a common year starting on Saturday of the Gregorian calendar and is the current year. ... The United States dollar is the official currency of the United States. ... The euro (€; ISO 4217 code EUR) is the currency of twelve European Union member states: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain. ...


Coins in circulation 1¢ euro coin A coin is generally a piece of hard material, generally metal and usually in the shape of a disc, which is used as a form of money. ...

  • 1 sente
  • 2 lisente
  • 5 lisente
  • 10 lisente
  • 25 lisente
  • 50 lisente
  • 100 lisente (sic)
  • 200 lisente (sic)
  • 500 lisente (sic)

Banknotes in circulation A £20 Ulster Bank banknote. ...

  • 10 maloti
  • 20 maloti
  • 50 maloti
  • 100 maloti
  • 200 maloti


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  Results from FactBites:
 
Calculator for Lesotho Loti (LSL) Currency Exchange Rate Conversion (324 words)
Enter the amount to be converted in the box to the left of the currency and press the "convert" button.
The Lesotho Loti is the currency in Lesotho (LS, LSO).
The symbol for LSL can be written L, and M. The Lesotho Loti is divided into 100 lisente.
Lesotho - Wikipedia, the free encyclopedia (2943 words)
Lesotho (pronounced [lɪˈsuːtu]), officially the Kingdom of Lesotho, is a country in southern Africa.
Lesotho's economy is based on exports of water and electricity sold to South Africa, manufacturing, agriculture, livestock, and to some extent the earnings of laborers employed in South Africa.
The loti is at par with the rand.
  More results at FactBites »


 

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