Convert Lesotho Loti to Japanese Yen
Please provide values below to convert Lesotho Loti [LSL] to Japanese Yen [JPY], or Convert Japanese Yen to Lesotho Loti.
How to Convert Lesotho Loti to Japanese Yen
1 LSL = 0.119638741629844 JPY
Example: convert 15 LSL to JPY:
15 LSL = 15 × 0.119638741629844 JPY = 1.79458112444767 JPY
Lesotho Loti to Japanese Yen Conversion Table
| Lesotho Loti | Japanese Yen |
|---|
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.
Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies globally.