Convert Lesotho Loti to Indonesian Rupiah
Please provide values below to convert Lesotho Loti [LSL] to Indonesian Rupiah [IDR], or Convert Indonesian Rupiah to Lesotho Loti.
How to Convert Lesotho Loti to Indonesian Rupiah
1 LSL = 0.00107850980663162 IDR
Example: convert 15 LSL to IDR:
15 LSL = 15 × 0.00107850980663162 IDR = 0.0161776470994743 IDR
Lesotho Loti to Indonesian Rupiah Conversion Table
Lesotho Loti | Indonesian Rupiah |
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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.
Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Rupiah was introduced in 1946 to replace the Dutch East Indies gulden. It has undergone various reforms and redenominations over the years, especially following Indonesia's independence and economic changes, to stabilize the economy and control inflation.
Current Use
Today, the Rupiah is widely used across Indonesia for all forms of financial transactions, including cash payments, banking, and digital transactions. It remains the official legal tender of Indonesia.