Convert Lesotho Loti to Rwandan Franc
Please provide values below to convert Lesotho Loti [LSL] to Rwandan Franc [RWF], or Convert Rwandan Franc to Lesotho Loti.
How to Convert Lesotho Loti to Rwandan Franc
1 LSL = 0.0121369643929777 RWF
Example: convert 15 LSL to RWF:
15 LSL = 15 × 0.0121369643929777 RWF = 0.182054465894665 RWF
Lesotho Loti to Rwandan Franc Conversion Table
| Lesotho Loti | Rwandan Franc |
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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.
Rwandan Franc
The Rwandan Franc (RWF) is the official currency of Rwanda, used for all monetary transactions within the country.
History/Origin
The Rwandan Franc was introduced in 1964, replacing the Rwandan Congolese franc, and has undergone various redenominations and updates since then to stabilize the economy and facilitate trade.
Current Use
Today, the Rwandan Franc is widely used in Rwanda for everyday transactions, banking, and trade, with coins and banknotes issued by the National Bank of Rwanda.