Convert Algerian Dinar to Lesotho Loti
Please provide values below to convert Algerian Dinar [DZD] to Lesotho Loti [LSL], or Convert Lesotho Loti to Algerian Dinar.
How to Convert Algerian Dinar to Lesotho Loti
1 DZD = 7.40041669750152 LSL
Example: convert 15 DZD to LSL:
15 DZD = 15 × 7.40041669750152 LSL = 111.006250462523 LSL
Algerian Dinar to Lesotho Loti Conversion Table
| Algerian Dinar | Lesotho Loti |
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Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.
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.