Convert Lesotho Loti to Malawian Kwacha
Please provide values below to convert Lesotho Loti [LSL] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to Lesotho Loti.
How to Convert Lesotho Loti to Malawian Kwacha
1 LSL = 0.010075564872472 MWK
Example: convert 15 LSL to MWK:
15 LSL = 15 × 0.010075564872472 MWK = 0.15113347308708 MWK
Lesotho Loti to Malawian Kwacha Conversion Table
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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.
Malawian Kwacha
The Malawian Kwacha (MWK) is the official currency of Malawi, used for all monetary transactions within the country.
History/Origin
The Malawian Kwacha was introduced in 1971, replacing the Malawian Pound, as part of Malawi's monetary reform to establish a national currency.
Current Use
Today, the MWK is actively used in Malawi for everyday transactions, banking, and trade, with coins and banknotes issued by the Reserve Bank of Malawi.