Convert Lesotho Loti to Congolese Franc
Please provide values below to convert Lesotho Loti [LSL] to Congolese Franc [CDF], or Convert Congolese Franc to Lesotho Loti.
How to Convert Lesotho Loti to Congolese Franc
1 LSL = 0.00608890127925956 CDF
Example: convert 15 LSL to CDF:
15 LSL = 15 × 0.00608890127925956 CDF = 0.0913335191888933 CDF
Lesotho Loti to Congolese Franc Conversion Table
| Lesotho Loti | Congolese Franc |
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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.
Congolese Franc
The Congolese Franc (CDF) is the official currency of the Democratic Republic of the Congo, used for everyday transactions and financial exchanges within the country.
History/Origin
The Congolese Franc was introduced in 1967, replacing the Congolese Léopard at par, as part of monetary reforms following independence. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the CDF remains the official currency of the Democratic Republic of the Congo, used in all banking, commerce, and financial activities across the country.