Convert Lesotho Loti to Saudi Riyal
Please provide values below to convert Lesotho Loti [LSL] to Saudi Riyal [SAR], or Convert Saudi Riyal to Lesotho Loti.
How to Convert Lesotho Loti to Saudi Riyal
1 LSL = 4.68445333333333 SAR
Example: convert 15 LSL to SAR:
15 LSL = 15 × 4.68445333333333 SAR = 70.2668 SAR
Lesotho Loti to Saudi Riyal Conversion Table
| Lesotho Loti | Saudi Riyal |
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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.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.