Convert Lesotho Loti to São Tomé and Príncipe Dobra (pre-2018)
Please provide values below to convert Lesotho Loti [LSL] to São Tomé and Príncipe Dobra (pre-2018) [STD], or Convert São Tomé and Príncipe Dobra (pre-2018) to Lesotho Loti.
How to Convert Lesotho Loti to São Tomé And Príncipe Dobra (Pre-2018)
1 LSL = 0.000788387832221813 STD
Example: convert 15 LSL to STD:
15 LSL = 15 × 0.000788387832221813 STD = 0.0118258174833272 STD
Lesotho Loti to São Tomé And Príncipe Dobra (Pre-2018) Conversion Table
Lesotho Loti | São Tomé and Príncipe Dobra (pre-2018) |
---|
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.
São Tomé And Príncipe Dobra (Pre-2018)
The São Tomé and Príncipe Dobra (STD) was the official currency of São Tomé and Príncipe before 2018, used for everyday transactions within the country.
History/Origin
The Dobra was introduced in 1977, replacing the Portuguese escudo after independence. It was subdivided into 100 cêntimos. The currency underwent various inflationary pressures and was replaced in 2018 by the new Dobra (STN) at a rate of 1 new Dobra = 1000 old Dobras.
Current Use
The STD is no longer in use since 2018; the country now uses the new São Tomé and Príncipe Dobra (STN). The old STD notes are considered obsolete and are primarily of historical interest.