Convert Lesotho Loti to Bulgarian Lev
Please provide values below to convert Lesotho Loti [LSL] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to Lesotho Loti.
How to Convert Lesotho Loti to Bulgarian Lev
1 LSL = 10.5341208923003 BGN
Example: convert 15 LSL to BGN:
15 LSL = 15 × 10.5341208923003 BGN = 158.011813384505 BGN
Lesotho Loti to Bulgarian Lev Conversion Table
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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.
Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.