Convert Namibian Dollar to Lesotho Loti
Please provide values below to convert Namibian Dollar [NAD] to Lesotho Loti [LSL], or Convert Lesotho Loti to Namibian Dollar.
How to Convert Namibian Dollar to Lesotho Loti
1 NAD = 1 LSL
Example: convert 15 NAD to LSL:
15 NAD = 15 × 1 LSL = 15 LSL
Namibian Dollar to Lesotho Loti Conversion Table
| Namibian Dollar | Lesotho Loti |
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Namibian Dollar
The Namibian Dollar (NAD) is the official currency of Namibia, used for all monetary transactions within the country.
History/Origin
Introduced in 1993, replacing the South African Rand at par, the Namibian Dollar was established to establish a distinct national currency following independence from South Africa.
Current Use
The NAD is widely used in Namibia for everyday transactions, banking, and trade, and is pegged at par with the South African Rand, which is also accepted in Namibia.
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.