Convert Lesotho Loti to Albanian Lek
Please provide values below to convert Lesotho Loti [LSL] to Albanian Lek [ALL], or Convert Albanian Lek to Lesotho Loti.
How to Convert Lesotho Loti to Albanian Lek
1 LSL = 0.210641239479449 ALL
Example: convert 15 LSL to ALL:
15 LSL = 15 × 0.210641239479449 ALL = 3.15961859219174 ALL
Lesotho Loti to Albanian Lek Conversion Table
| Lesotho Loti | Albanian Lek |
|---|
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.
Albanian Lek
The Albanian Lek (ALL) is the official currency of Albania, used for everyday transactions and financial exchanges within the country.
History/Origin
The Albanian Lek was introduced in 1926, replacing the Albanian franc, and has undergone several reforms, with the current version issued since 1992 to stabilize the economy after the fall of communism.
Current Use
The Albanian Lek is actively used as the primary currency in Albania for all forms of payment, banking, and financial transactions.