Convert Qatari Rial to Lesotho Loti
Please provide values below to convert Qatari Rial [QAR] to Lesotho Loti [LSL], or Convert Lesotho Loti to Qatari Rial.
How to Convert Qatari Rial to Lesotho Loti
1 QAR = 0.20721023299766 LSL
Example: convert 15 QAR to LSL:
15 QAR = 15 × 0.20721023299766 LSL = 3.10815349496491 LSL
Qatari Rial to Lesotho Loti Conversion Table
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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.
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.