Convert Macedonian Denar to Lesotho Loti
Please provide values below to convert Macedonian Denar [MKD] to Lesotho Loti [LSL], or Convert Lesotho Loti to Macedonian Denar.
How to Convert Macedonian Denar to Lesotho Loti
1 MKD = 3.00829410190872 LSL
Example: convert 15 MKD to LSL:
15 MKD = 15 × 3.00829410190872 LSL = 45.1244115286309 LSL
Macedonian Denar to Lesotho Loti Conversion Table
| Macedonian Denar | Lesotho Loti |
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Macedonian Denar
The Macedonian Denar (MKD) is the official currency of North Macedonia, used for all monetary transactions within the country.
History/Origin
The Denar was introduced in 1992 following the independence of North Macedonia, replacing the Yugoslav dinar. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Denar is actively used as the national currency for everyday transactions, banking, and trade in North Macedonia, with coins and banknotes issued by the National Bank of North Macedonia.
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.