Lesotho loti
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| Lesotho loti | |||
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| ISO 4217 Code | LSL | ||
|---|---|---|---|
| User(s) | Lesotho | ||
| Inflation | 6.8% | ||
| Source | Central Bank of Lesotho, August 2006 | ||
| Method | CPI | ||
| Pegged with | South African rand at par | ||
| Subunit | |||
| 1/100 | sente | ||
| Symbol | L or M (pl.) | ||
| Plural | maloti | ||
| sente | lisente | ||
| Coins | 1, 2, 5, 10, 20, 50 lisente, L1, M2, M5 | ||
| Banknotes | M10, M20, M50, M100, M200 | ||
| Central bank | Central Bank of Lesotho | ||
| Website | www.centralbank.org.ls | ||
- For other meanings of "Loti", see Loti (disambiguation).
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 through the Common Monetary Area, and both are accepted as legal tender within Lesotho. The loti was first issued in 1966, albeit as a non-circulating currency. In 1980, Lesotho issued its first coins denominated in both loti & lisente to replace the rand as legal tender.
Contents |
[edit] Coins
In 1980, coins dated 1979 were introduced in denominations of 1, 2, 5, 10, 25 and 50 lisente and 1 loti. In 1996, 2 and 5 maloti coins were introduced, followed by 20 lisente in 1998.
Coins in circulation are
- 5 lisente
- 10 lisente
- 20 lisente
- 50 lisente
- 1 loti
- 2 maloti
- 5 maloti
[edit] Banknotes
In 1980, banknotes dated 1979 were introduced in denominations of 2, 5 and 10 maloti. 20 and 50 maloti notes were added in 1981, followed by 100 and 200 maloti in 1994.
Banknotes in circulation
- 10 maloti
- 20 maloti
- 50 maloti
- 100 maloti
- 200 maloti
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[edit] References
[edit] External link
| Preceded by: South African rand Ratio: at par |
Currency of Lesotho 1980 – Concurrent with: South African rand (legal tender) |
Succeeded by: Current |
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