Convert Georgian Lari to Lesotho Loti
Please provide values below to convert Georgian Lari [GEL] to Lesotho Loti [LSL], or Convert Lesotho Loti to Georgian Lari.
How to Convert Georgian Lari to Lesotho Loti
1 GEL = 0.15423500145161 LSL
Example: convert 15 GEL to LSL:
15 GEL = 15 × 0.15423500145161 LSL = 2.31352502177415 LSL
Georgian Lari to Lesotho Loti Conversion Table
| Georgian Lari | Lesotho Loti |
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Georgian Lari
The Georgian Lari (GEL) is the official currency of Georgia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Georgian Lari was introduced in 1995, replacing the Georgian coupon as the country's official currency, to stabilize the economy and establish a national monetary system.
Current Use
The GEL is actively used in Georgia for all forms of financial transactions, including cash, banking, and electronic payments, and is managed by the National Bank of Georgia.
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.