Convert Lesotho Loti to Qatari Rial
Please provide values below to convert Lesotho Loti [LSL] to Qatari Rial [QAR], or Convert Qatari Rial to Lesotho Loti.
How to Convert Lesotho Loti to Qatari Rial
1 LSL = 4.82601648351648 QAR
Example: convert 15 LSL to QAR:
15 LSL = 15 × 4.82601648351648 QAR = 72.3902472527473 QAR
Lesotho Loti to Qatari Rial Conversion Table
| Lesotho Loti | Qatari Rial |
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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.
Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.