Convert Lesotho Loti to Turkmenistani Manat
Please provide values below to convert Lesotho Loti [LSL] to Turkmenistani Manat [TMT], or Convert Turkmenistani Manat to Lesotho Loti.
How to Convert Lesotho Loti to Turkmenistani Manat
1 LSL = 5.01905714285714 TMT
Example: convert 15 LSL to TMT:
15 LSL = 15 × 5.01905714285714 TMT = 75.2858571428571 TMT
Lesotho Loti to Turkmenistani Manat 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.
Turkmenistani Manat
The Turkmenistani Manat (TMT) is the official currency of Turkmenistan, used for all monetary transactions within the country.
History/Origin
The Turkmenistani Manat was introduced in 1993, replacing the Soviet ruble, and has undergone several redenominations to stabilize the economy and control inflation.
Current Use
Today, the Manat is widely used in Turkmenistan for everyday transactions, banking, and trade, with banknotes and coins issued by the Central Bank of Turkmenistan.