Convert Malaysian Ringgit to Lesotho Loti
Please provide values below to convert Malaysian Ringgit [MYR] to Lesotho Loti [LSL], or Convert Lesotho Loti to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Lesotho Loti
1 MYR = 0.240876203270962 LSL
Example: convert 15 MYR to LSL:
15 MYR = 15 × 0.240876203270962 LSL = 3.61314304906442 LSL
Malaysian Ringgit to Lesotho Loti Conversion Table
| Malaysian Ringgit | Lesotho Loti |
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Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.
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.