Convert Canadian Dollar to Lesotho Loti
Please provide values below to convert Canadian Dollar [CAD] to Lesotho Loti [LSL], or Convert Lesotho Loti to Canadian Dollar.
How to Convert Canadian Dollar to Lesotho Loti
1 CAD = 0.0775615226536572 LSL
Example: convert 15 CAD to LSL:
15 CAD = 15 × 0.0775615226536572 LSL = 1.16342283980486 LSL
Canadian Dollar to Lesotho Loti Conversion Table
| Canadian Dollar | Lesotho Loti |
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
Lesotho Loti
The Lesotho Loti (LSL) is the official currency of Lesotho, used for all monetary transactions within the country.
History/Origin
Introduced in 1980, the Loti replaced the South African Rand at par and has since been managed by the Central Bank of Lesotho, reflecting the country's monetary independence.
Current Use
The Loti is actively used in Lesotho for everyday transactions, banking, and trade, and is pegged at par to the South African Rand.