Convert Lesotho Loti to Angolan Kwanza
Please provide values below to convert Lesotho Loti [LSL] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Lesotho Loti.
How to Convert Lesotho Loti to Angolan Kwanza
1 LSL = 0.0191046179217797 AOA
Example: convert 15 LSL to AOA:
15 LSL = 15 × 0.0191046179217797 AOA = 0.286569268826695 AOA
Lesotho Loti to Angolan Kwanza Conversion Table
Lesotho Loti | Angolan Kwanza |
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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.
Angolan Kwanza
The Angolan Kwanza (AOA) is the official currency of Angola, used for all monetary transactions within the country.
History/Origin
The Kwanza was introduced in 1977, replacing the Angolan escudo after independence from Portugal. It has undergone several redenominations due to inflation and economic changes.
Current Use
The AOA is actively used as Angola's legal tender, with coins and banknotes circulating nationwide. It is managed by the National Bank of Angola.