Convert Lesotho Loti to Thai Baht
Please provide values below to convert Lesotho Loti [LSL] to Thai Baht [THB], or Convert Thai Baht to Lesotho Loti.
How to Convert Lesotho Loti to Thai Baht
1 LSL = 0.545336296976959 THB
Example: convert 15 LSL to THB:
15 LSL = 15 × 0.545336296976959 THB = 8.18004445465439 THB
Lesotho Loti to Thai Baht 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.
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.