Convert Iranian Rial to Lesotho Loti
Please provide values below to convert Iranian Rial [IRR] to Lesotho Loti [LSL], or Convert Lesotho Loti to Iranian Rial.
How to Convert Iranian Rial to Lesotho Loti
1 IRR = 2415.80283718627 LSL
Example: convert 15 IRR to LSL:
15 IRR = 15 × 2415.80283718627 LSL = 36237.042557794 LSL
Iranian Rial to Lesotho Loti Conversion Table
| Iranian Rial | Lesotho Loti |
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Iranian Rial
The Iranian Rial (IRR) is the official currency of Iran, used for everyday transactions and pricing within the country.
History/Origin
The Iranian Rial was introduced in 1932, replacing the Iranian Toman. It has undergone several redenominations and inflation periods, with the current form established in 2002 to address hyperinflation.
Current Use
Today, the IRR is the primary currency used in Iran for all financial transactions, though the currency experiences high inflation and is often used alongside other forms of payment such as digital currencies and foreign currencies in certain contexts.
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.