Convert Lesotho Loti to Swiss Franc
Please provide values below to convert Lesotho Loti [LSL] to Swiss Franc [CHF], or Convert Swiss Franc to Lesotho Loti.
How to Convert Lesotho Loti to Swiss Franc
1 LSL = 22.0992577682727 CHF
Example: convert 15 LSL to CHF:
15 LSL = 15 × 22.0992577682727 CHF = 331.488866524091 CHF
Lesotho Loti to Swiss Franc Conversion Table
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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.
Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.