Convert Saint Helena Pound to Lesotho Loti
Please provide values below to convert Saint Helena Pound [SHP] to Lesotho Loti [LSL], or Convert Lesotho Loti to Saint Helena Pound.
How to Convert Saint Helena Pound to Lesotho Loti
1 SHP = 0.042142235024222 LSL
Example: convert 15 SHP to LSL:
15 SHP = 15 × 0.042142235024222 LSL = 0.632133525363329 LSL
Saint Helena Pound to Lesotho Loti Conversion Table
| Saint Helena Pound | Lesotho Loti |
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Saint Helena Pound
The Saint Helena Pound (SHP) is the official currency of Saint Helena, a British Overseas Territory, and is pegged at par to the British Pound Sterling.
History/Origin
Introduced in 1961, replacing the Saint Helena Pound's predecessor, it has maintained a fixed exchange rate with the British Pound, reflecting the territory's historical and economic ties to the UK.
Current Use
The SHP is used for all local transactions on Saint Helena and is interchangeable with the British Pound Sterling, which is also accepted on the island.
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.