Convert Norwegian Krone to Lesotho Loti
Please provide values below to convert Norwegian Krone [NOK] to Lesotho Loti [LSL], or Convert Lesotho Loti to Norwegian Krone.
How to Convert Norwegian Krone to Lesotho Loti
1 NOK = 0.575623196160918 LSL
Example: convert 15 NOK to LSL:
15 NOK = 15 × 0.575623196160918 LSL = 8.63434794241377 LSL
Norwegian Krone to Lesotho Loti Conversion Table
| Norwegian Krone | Lesotho Loti |
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Norwegian Krone
The Norwegian Krone (NOK) is the official currency of Norway, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Norwegian Krone was introduced in 1875, replacing the Norwegian Speciedaler, and has undergone various reforms, including decimalization in 1875 and decimal standardization in 1963. It has been Norway's official currency since then.
Current Use
The NOK is actively used in Norway for all financial transactions, including banking, commerce, and international trade. It is also traded on the foreign exchange market and is considered a stable currency within the region.
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.