Convert Mongolian Tugrik to Lesotho Loti
Please provide values below to convert Mongolian Tugrik [MNT] to Lesotho Loti [LSL], or Convert Lesotho Loti to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Lesotho Loti
1 MNT = 202.071464760029 LSL
Example: convert 15 MNT to LSL:
15 MNT = 15 × 202.071464760029 LSL = 3031.07197140043 LSL
Mongolian Tugrik to Lesotho Loti Conversion Table
| Mongolian Tugrik | Lesotho Loti |
|---|
Mongolian Tugrik
The Mongolian Tugrik (MNT) is the official currency of Mongolia, used for all monetary transactions within the country.
History/Origin
Introduced in 1925, the Tugrik has undergone various reforms and redenominations, especially after Mongolia's independence from China and during the transition from a socialist economy to a market economy.
Current Use
Today, the Tugrik is widely used in Mongolia for everyday transactions, with banknotes and coins circulating throughout the country. It is also traded in foreign exchange markets.
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.