Convert Lesotho Loti to Macedonian Denar
Please provide values below to convert Lesotho Loti [LSL] to Macedonian Denar [MKD], or Convert Macedonian Denar to Lesotho Loti.
How to Convert Lesotho Loti to Macedonian Denar
1 LSL = 0.332414307286483 MKD
Example: convert 15 LSL to MKD:
15 LSL = 15 × 0.332414307286483 MKD = 4.98621460929724 MKD
Lesotho Loti to Macedonian Denar Conversion Table
Lesotho Loti | Macedonian Denar |
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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.
Macedonian Denar
The Macedonian Denar (MKD) is the official currency of North Macedonia, used for all monetary transactions within the country.
History/Origin
The Denar was introduced in 1992 following the independence of North Macedonia, replacing the Yugoslav dinar. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Denar is actively used as the national currency for everyday transactions, banking, and trade in North Macedonia, with coins and banknotes issued by the National Bank of North Macedonia.