Countries that use the Lesotho Loti
The Lesotho Loti is an official national currency and used only in Lesotho. 1 Loti is devided into 100 Lisente.
The Lesotho Loti is tied to the South African Rand
with a fixed exchange rate. Therefore, 1 Loti always equals to 1.0000 South African Rand.
1.00 Lesotho Loti = 0.073 US Dollar
Exchange rate history 1000 LSL in USD
Lesotho Loti as currency
Currency reserves for the Lesotho Loti
According to the International Monetary Fund, the total broad money (M3) amounted to LSL 12.11 billion at the end of 2017. For currency hedging, reserves were held in a total amount of 17.08 billion Lotis. This corresponds to a ratio of 0.7:1 and the reserves are even higher, than broad money is in circulation.
All currency reserves are only held as foreign currencies, special drawing rights in the International Monetary Fund and other reserve positions. There are no governmental gold stocks.Worldwide currency and gold reserves
All information without guarantee.