Convert Papua New Guinean Kina to Lesotho Loti
Please provide values below to convert Papua New Guinean Kina [PGK] to Lesotho Loti [LSL], or Convert Lesotho Loti to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Lesotho Loti
1 PGK = 0.239054574849004 LSL
Example: convert 15 PGK to LSL:
15 PGK = 15 × 0.239054574849004 LSL = 3.58581862273506 LSL
Papua New Guinean Kina to Lesotho Loti Conversion Table
| Papua New Guinean Kina | Lesotho Loti |
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Papua New Guinean Kina
The Papua New Guinean Kina (PGK) is the official currency of Papua New Guinea, used for all monetary transactions within the country.
History/Origin
Introduced in 1975, replacing the Australian dollar, the Kina was established to establish a national currency and promote economic independence for Papua New Guinea.
Current Use
The Kina is actively used in everyday transactions, banking, and trade within Papua New Guinea, with coins and banknotes issued by the country's central bank, the Bank of Papua New Guinea.
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.