Convert Albanian Lek to Lesotho Loti
Please provide values below to convert Albanian Lek [ALL] to Lesotho Loti [LSL], or Convert Lesotho Loti to Albanian Lek.
How to Convert Albanian Lek to Lesotho Loti
1 ALL = 4.74740844894032 LSL
Example: convert 15 ALL to LSL:
15 ALL = 15 × 4.74740844894032 LSL = 71.2111267341049 LSL
Albanian Lek to Lesotho Loti Conversion Table
| Albanian Lek | Lesotho Loti |
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Albanian Lek
The Albanian Lek (ALL) is the official currency of Albania, used for everyday transactions and financial exchanges within the country.
History/Origin
The Albanian Lek was introduced in 1926, replacing the Albanian franc, and has undergone several reforms, with the current version issued since 1992 to stabilize the economy after the fall of communism.
Current Use
The Albanian Lek is actively used as the primary currency in Albania for all forms of payment, banking, and financial transactions.
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.