Convert Lesotho Loti to Djiboutian Franc
Please provide values below to convert Lesotho Loti [LSL] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Lesotho Loti.
How to Convert Lesotho Loti to Djiboutian Franc
1 LSL = 0.098844255884223 DJF
Example: convert 15 LSL to DJF:
15 LSL = 15 × 0.098844255884223 DJF = 1.48266383826335 DJF
Lesotho Loti to Djiboutian Franc Conversion Table
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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.
Djiboutian Franc
The Djiboutian Franc (DJF) is the official currency of Djibouti, used for all monetary transactions within the country.
History/Origin
The Djiboutian Franc was introduced in 1949, replacing the French Franc at par, and has been the country's official currency since then, with its value maintained by the Central Bank of Djibouti.
Current Use
The DJF is widely used in Djibouti for everyday transactions, banking, and trade, and is pegged to the US dollar at a fixed rate to ensure stability.