Convert Lesotho Loti to Burundian Franc
Please provide values below to convert Lesotho Loti [LSL] to Burundian Franc [BIF], or Convert Burundian Franc to Lesotho Loti.
How to Convert Lesotho Loti to Burundian Franc
1 LSL = 0.00591671293650902 BIF
Example: convert 15 LSL to BIF:
15 LSL = 15 × 0.00591671293650902 BIF = 0.0887506940476353 BIF
Lesotho Loti to Burundian Franc Conversion Table
| Lesotho Loti | Burundian 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.
Burundian Franc
The Burundian Franc (BIF) is the official currency of Burundi, used for everyday transactions within the country.
History/Origin
The Burundian Franc was introduced in 1964, replacing the Belgian Congo franc, following Burundi's independence. It has undergone various redenominations and inflation adjustments over the years.
Current Use
Today, the BIF is widely used in Burundi for all monetary transactions, with coins and banknotes issued by the Central Bank of Burundi. It remains the legal tender in the country.