Convert São Tomé and Príncipe Dobra to Lesotho Loti
Please provide values below to convert São Tomé and Príncipe Dobra [STN] to Lesotho Loti [LSL], or Convert Lesotho Loti to São Tomé and Príncipe Dobra.
How to Convert São Tomé And Príncipe Dobra to Lesotho Loti
1 STN = 1.18880040075825 LSL
Example: convert 15 STN to LSL:
15 STN = 15 × 1.18880040075825 LSL = 17.8320060113738 LSL
São Tomé And Príncipe Dobra to Lesotho Loti Conversion Table
| São Tomé and Príncipe Dobra | Lesotho Loti |
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São Tomé And Príncipe Dobra
The São Tomé and Príncipe Dobra (STN) is the official currency of São Tomé and Príncipe, used for all monetary transactions within the country.
History/Origin
The Dobra was introduced in 1977, replacing the São Tomé and Príncipe escudo at par, and has undergone various redenominations and updates since its inception to stabilize the economy and modernize the currency system.
Current Use
Today, the Dobra remains the official currency, with banknotes and coins in circulation, and is used for everyday transactions, though it is subject to inflation and economic fluctuations.
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.