Convert Burundian Franc to Lesotho Loti
Please provide values below to convert Burundian Franc [BIF] to Lesotho Loti [LSL], or Convert Lesotho Loti to Burundian Franc.
How to Convert Burundian Franc to Lesotho Loti
1 BIF = 169.012762784131 LSL
Example: convert 15 BIF to LSL:
15 BIF = 15 × 169.012762784131 LSL = 2535.19144176197 LSL
Burundian Franc to Lesotho Loti Conversion Table
| Burundian Franc | Lesotho Loti |
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Burundian Franc
The Burundian Franc (BIF) is the official currency of Burundi, used for everyday transactions within the country.
History/Origin
The Burundian Franc was introduced in 1964, replacing the Belgian Congo franc, following Burundi's independence. It has undergone various redenominations and inflation adjustments over the years.
Current Use
Today, the BIF is widely used in Burundi for all monetary transactions, with coins and banknotes issued by the Central Bank of Burundi. It remains the legal tender in the country.
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.