Convert Jamaican Dollar to Lesotho Loti
Please provide values below to convert Jamaican Dollar [JMD] to Lesotho Loti [LSL], or Convert Lesotho Loti to Jamaican Dollar.
How to Convert Jamaican Dollar to Lesotho Loti
1 JMD = 9.1125538661217 LSL
Example: convert 15 JMD to LSL:
15 JMD = 15 × 9.1125538661217 LSL = 136.688307991825 LSL
Jamaican Dollar to Lesotho Loti Conversion Table
| Jamaican Dollar | Lesotho Loti |
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Jamaican Dollar
The Jamaican Dollar (JMD) is the official currency of Jamaica, used for all monetary transactions within the country.
History/Origin
The Jamaican Dollar was introduced in 1969, replacing the Jamaican Pound at a rate of 1 dollar = 1.5 pounds. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Jamaican Dollar is widely used in everyday transactions, banking, and commerce across Jamaica, with coins and banknotes issued by the Bank of Jamaica.
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.