Convert Lesotho Loti to Norwegian Krone
Please provide values below to convert Lesotho Loti [LSL] to Norwegian Krone [NOK], or Convert Norwegian Krone to Lesotho Loti.
How to Convert Lesotho Loti to Norwegian Krone
1 LSL = 1.73724757214344 NOK
Example: convert 15 LSL to NOK:
15 LSL = 15 × 1.73724757214344 NOK = 26.0587135821515 NOK
Lesotho Loti to Norwegian Krone 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.
Norwegian Krone
The Norwegian Krone (NOK) is the official currency of Norway, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Norwegian Krone was introduced in 1875, replacing the Norwegian Speciedaler, and has undergone various reforms, including decimalization in 1875 and decimal standardization in 1963. It has been Norway's official currency since then.
Current Use
The NOK is actively used in Norway for all financial transactions, including banking, commerce, and international trade. It is also traded on the foreign exchange market and is considered a stable currency within the region.