Convert Cuban Convertible Peso to Lesotho Loti
Please provide values below to convert Cuban Convertible Peso [CUC] to Lesotho Loti [LSL], or Convert Lesotho Loti to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Lesotho Loti
1 CUC = 0.0569258881861704 LSL
Example: convert 15 CUC to LSL:
15 CUC = 15 × 0.0569258881861704 LSL = 0.853888322792556 LSL
Cuban Convertible Peso to Lesotho Loti Conversion Table
| Cuban Convertible Peso | Lesotho Loti |
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Cuban Convertible Peso
The Cuban Convertible Peso (CUC) was a currency used in Cuba, primarily for tourism and foreign transactions, pegged to the US dollar.
History/Origin
Introduced in 1994 to replace the peso convertible, the CUC was used alongside the Cuban peso (CUP). It facilitated foreign trade and tourism. The CUC was phased out starting in 2020 as part of Cuba's monetary unification efforts, with its value being absorbed into the CUP.
Current Use
The CUC is no longer in circulation as of 2021. Cuba has transitioned to a single currency system using the Cuban peso (CUP), and the CUC is considered obsolete.
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.