Convert Lesotho Loti to Russian Ruble
Please provide values below to convert Lesotho Loti [LSL] to Russian Ruble [RUB], or Convert Russian Ruble to Lesotho Loti.
How to Convert Lesotho Loti to Russian Ruble
1 LSL = 0.22403533204779 RUB
Example: convert 15 LSL to RUB:
15 LSL = 15 × 0.22403533204779 RUB = 3.36052998071684 RUB
Lesotho Loti to Russian Ruble 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.
Russian Ruble
The Russian Ruble (RUB) is the official currency of Russia, used for everyday transactions and financial exchanges within the country.
History/Origin
The Ruble has been the currency of Russia for centuries, with origins dating back to the 13th century. It has undergone various reforms and redenominations, most notably after the Soviet Union's dissolution in 1991, establishing the modern RUB as the national currency.
Current Use
Today, the Russian Ruble is widely used throughout Russia for all forms of payment, including cash, electronic transfers, and banking transactions. It is also traded on international currency markets.