Convert Moldovan Leu to Lesotho Loti
Please provide values below to convert Moldovan Leu [MDL] to Lesotho Loti [LSL], or Convert Lesotho Loti to Moldovan Leu.
How to Convert Moldovan Leu to Lesotho Loti
1 MDL = 0.964808415923309 LSL
Example: convert 15 MDL to LSL:
15 MDL = 15 × 0.964808415923309 LSL = 14.4721262388496 LSL
Moldovan Leu to Lesotho Loti Conversion Table
| Moldovan Leu | Lesotho Loti |
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Moldovan Leu
The Moldovan Leu (MDL) is the official currency of Moldova, used for all monetary transactions within the country.
History/Origin
The Moldovan Leu was introduced in 1993, replacing the Soviet ruble, following Moldova's independence. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Moldovan Leu is actively used as the national currency for everyday transactions, banking, and trade in Moldova. It is issued and regulated by the National Bank of Moldova.
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.