Convert Lesotho Loti to Armenian Dram
Please provide values below to convert Lesotho Loti [LSL] to Armenian Dram [AMD], or Convert Armenian Dram to Lesotho Loti.
How to Convert Lesotho Loti to Armenian Dram
1 LSL = 0.0457403014688077 AMD
Example: convert 15 LSL to AMD:
15 LSL = 15 × 0.0457403014688077 AMD = 0.686104522032115 AMD
Lesotho Loti to Armenian Dram Conversion Table
Lesotho Loti | Armenian Dram |
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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.
Armenian Dram
The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.
History/Origin
The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.
Current Use
The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.