Convert Lesotho Loti to Nigerian Naira
Please provide values below to convert Lesotho Loti [LSL] to Nigerian Naira [NGN], or Convert Nigerian Naira to Lesotho Loti.
How to Convert Lesotho Loti to Nigerian Naira
1 LSL = 0.0114762309524598 NGN
Example: convert 15 LSL to NGN:
15 LSL = 15 × 0.0114762309524598 NGN = 0.172143464286897 NGN
Lesotho Loti to Nigerian Naira Conversion Table
| Lesotho Loti | Nigerian Naira |
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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.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.