Convert Euro to Lesotho Loti
Please provide values below to convert Euro [EUR] to Lesotho Loti [LSL], or Convert Lesotho Loti to Euro.
How to Convert Euro to Lesotho Loti
1 EUR = 0.0485407048563475 LSL
Example: convert 15 EUR to LSL:
15 EUR = 15 × 0.0485407048563475 LSL = 0.728110572845213 LSL
Euro to Lesotho Loti Conversion Table
| Euro | Lesotho Loti |
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Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.
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.