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Lesotho loti

Currency
ISO 4217 CodeLSL
Official userLesotho (alongside South African rand)
Inflation6.8%
ERM
Pegged withSouth African rand at par
Subunit
1/100sente
SymbolL or M (pl.)
Coins and Banknotes
Central bankCentral Bank of Lesotho

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The loti (plural: maloti) is the currency of the Kingdom of Lesotho. It is subdivided into 100 lisente (sg. sente). It is pegged to the South African rand on a 1:1 basis through the Common Monetary Area, and both are accepted as legal tender within Lesotho. The loti was first issued in 1966, albeit as a non-circulating currency. In 1980, Lesotho issued its first coins denominated in both loti and lisente to replace the South African rand as legal tender.


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