Convert Saudi Riyal to Lesotho Loti
Please provide values below to convert Saudi Riyal [SAR] to Lesotho Loti [LSL], or Convert Lesotho Loti to Saudi Riyal.
How to Convert Saudi Riyal to Lesotho Loti
1 SAR = 0.213472080698139 LSL
Example: convert 15 SAR to LSL:
15 SAR = 15 × 0.213472080698139 LSL = 3.20208121047209 LSL
Saudi Riyal to Lesotho Loti Conversion Table
| Saudi Riyal | Lesotho Loti |
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Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.
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.