Convert Chinese Yuan (Offshore) to Lesotho Loti
Please provide values below to convert Chinese Yuan (Offshore) [CNH] to Lesotho Loti [LSL], or Convert Lesotho Loti to Chinese Yuan (Offshore).
How to Convert Chinese Yuan (Offshore) to Lesotho Loti
1 CNH = 0.408245088718997 LSL
Example: convert 15 CNH to LSL:
15 CNH = 15 × 0.408245088718997 LSL = 6.12367633078495 LSL
Chinese Yuan (Offshore) to Lesotho Loti Conversion Table
| Chinese Yuan (Offshore) | Lesotho Loti |
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Chinese Yuan (Offshore)
CNH (Chinese Yuan Offshore) is the offshore version of China's currency, the Renminbi, used primarily for international trade and investment outside mainland China.
History/Origin
CNH was introduced in 2010 to facilitate offshore trading of the Chinese currency, allowing greater flexibility and internationalization of the Renminbi separate from the onshore RMB (CNY).
Current Use
CNH is widely used in global financial markets for trading, investment, and currency exchange, serving as a key component in international trade involving China.
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.