Lesotho loti
| Lesotho loti | |
|---|---|
| ISO 4217 code | LSL |
| Central bank | Central Bank of Lesotho |
| Website | www |
| User(s) |  Lesotho (alongside South African rand) |
| Inflation | 6.8% |
| Source | Central Bank of Lesotho, August 2006 |
| Method | CPI |
| Pegged with | South African rand at par |
| Subunit | |
| 1/100 | sente |
| Symbol | L or M (pl.) |
| Plural | maloti |
| sente | lisente |
| Coins | 1, 2, 5, 10, 20, 50 lisente, L1, M2, M5 |
| Banknotes | M10, M20, M50, M100, M200 |
The loti (plural: maloti) is the currency of the Kingdom of Lesotho. It is subdivided into 100 lisente (sg. sente). It is pegged to the South African rand on a 1:1 basis through the Common Monetary Area, and both are accepted as legal tender within Lesotho. The loti was first issued in 1966, albeit as a non-circulating currency. In 1980, Lesotho issued its first coins denominated in both loti and lisente to replace the South African rand of Lesotho, though the Rand remains legal tender.
Coins
In 1980, coins dated 1979 were introduced in denominations of 1 sente, 2, 5, 10, 25 and 50 lisente and 1 loti. In 1996, 2 and 5 maloti coins were introduced, followed by 20 lisente in 1998.
Coins in circulation are:
- 5 lisente
- 10 lisente
- 20 lisente
- 50 lisente
- 1 loti
- 2 maloti
- 5 maloti
Banknotes
In January 1980, banknotes dated 1979 (the last two digits of the year of issue are the serial number prefix denominator) were introduced in denominations of 2, 5 and 10 maloti.[1] 20 and 50 maloti notes were added in 1981, followed by 100 and 200 maloti in 1994.
On 1 March 2011, at a celebration marking its 30th anniversary, the Central Bank of Lesotho launched a new series of banknotes dated 2010 aimed at fighting the spread of counterfeits. The notes feature a portrait of the three royal family members: the current king, His Majesty Letsie III is in the middle, his father King Moshoeshoe II is on the left, and the founder of the Basotho nation, King Moshoeshoe I, on the right.[2]
| 2011 Series [1] | |||||||
|---|---|---|---|---|---|---|---|
| Value | Dimensions | Main Color | Description | Date of issue | Date of first issue | Watermark | |
| Obverse | Reverse | ||||||
| 10 maloti | 130 x 70 mm | Red and Yellow | Mokorotlo hat registration device; King Moshoeshoe II, King Letsie III, and King Moshoeshoe I; Lesotho coat of arms | Cosmos flowers (Cosmos bipinnatus) | 2010 | March 1, 2011 | Lesotho coat of arms and electrotype 10 |
| 20 maloti | 135 x 70 mm | Purple and light blue | Mokorotlo hat registration device; King Moshoeshoe II, King Letsie III, and King Moshoeshoe I; Lesotho coat of arms | Basotho huts (mokhoro) | 2010 | March 1, 2011 | Lesotho coat of arms and electrotype 20 |
| 50 maloti | 138 x 70 mm | Violet | Mokorotlo hat registration device; King Moshoeshoe II, King Letsie III, and King Moshoeshoe I; Lesotho coat of arms | Men on horseback | 2010 | March 1, 2011 | Lesotho coat of arms and electrotype 50 |
| 100 maloti | 140 x 70 mm | Green | Mokorotlo hat registration device; King Moshoeshoe II, King Letsie III, and King Moshoeshoe I; Lesotho coat of arms | Shepard with flock | 2010 | March 1, 2011 | Lesotho coat of arms and electrotype 100 |
See also
References
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lesotho to issue new notes in March 2011 BanknoteNews.com. Retrieved 2012-03-20.
External links
| Current LSL exchange rates | |
|---|---|
| From Google Finance: | AUD CAD CHF EUR GBP HKD JPY USD CNY |
| From Yahoo! Finance: | AUD CAD CHF EUR GBP HKD JPY USD CNY |
| From XE: | AUD CAD CHF EUR GBP HKD JPY USD CNY |
| From OANDA: | AUD CAD CHF EUR GBP HKD JPY USD CNY |
| From fxtop.com: | AUD CAD CHF EUR GBP HKD JPY USD CNY |
| From Currency.Wiki: | AUD CAD CHF EUR GBP HKD JPY USD CNY |
| Preceded by: South African rand Ratio: at par |
Currency of Lesotho 1980 – Concurrent with: South African rand (legal tender) |
Succeeded by: Current |
|
Currency: Lesotho loti (South African Rand)
|
|
| Communications | |
| Industries: | |
