Convert Lesotho Loti to Moldovan Leu
Please provide values below to convert Lesotho Loti [LSL] to Moldovan Leu [MDL], or Convert Moldovan Leu to Lesotho Loti.
How to Convert Lesotho Loti to Moldovan Leu
1 LSL = 1.03647520429537 MDL
Example: convert 15 LSL to MDL:
15 LSL = 15 × 1.03647520429537 MDL = 15.5471280644305 MDL
Lesotho Loti to Moldovan Leu Conversion Table
| Lesotho Loti | Moldovan Leu |
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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.
Moldovan Leu
The Moldovan Leu (MDL) is the official currency of Moldova, used for all monetary transactions within the country.
History/Origin
The Moldovan Leu was introduced in 1993, replacing the Soviet ruble, following Moldova's independence. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Moldovan Leu is actively used as the national currency for everyday transactions, banking, and trade in Moldova. It is issued and regulated by the National Bank of Moldova.