Convert Lesotho Loti to Malaysian Ringgit
Please provide values below to convert Lesotho Loti [LSL] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Lesotho Loti.
How to Convert Lesotho Loti to Malaysian Ringgit
1 LSL = 4.15151013848844 MYR
Example: convert 15 LSL to MYR:
15 LSL = 15 × 4.15151013848844 MYR = 62.2726520773267 MYR
Lesotho Loti to Malaysian Ringgit Conversion Table
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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.
Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.