Convert Lesotho Loti to Canadian Dollar
Please provide values below to convert Lesotho Loti [LSL] to Canadian Dollar [CAD], or Convert Canadian Dollar to Lesotho Loti.
How to Convert Lesotho Loti to Canadian Dollar
1 LSL = 12.8929908256881 CAD
Example: convert 15 LSL to CAD:
15 LSL = 15 × 12.8929908256881 CAD = 193.394862385321 CAD
Lesotho Loti to Canadian Dollar Conversion Table
| Lesotho Loti | Canadian Dollar |
|---|
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.
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.