Convert Lesotho Loti to Hong Kong Dollar
Please provide values below to convert Lesotho Loti [LSL] to Hong Kong Dollar [HKD], or Convert Hong Kong Dollar to Lesotho Loti.
How to Convert Lesotho Loti to Hong Kong Dollar
1 LSL = 2.23785319371194 HKD
Example: convert 15 LSL to HKD:
15 LSL = 15 × 2.23785319371194 HKD = 33.5677979056791 HKD
Lesotho Loti to Hong Kong Dollar Conversion Table
Lesotho Loti | Hong Kong Dollar |
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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.
Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.