Convert Nicaraguan Córdoba to Lesotho Loti
Please provide values below to convert Nicaraguan Córdoba [NIO] to Lesotho Loti [LSL], or Convert Lesotho Loti to Nicaraguan Córdoba.
How to Convert Nicaraguan Córdoba to Lesotho Loti
1 NIO = 2.0940871079941 LSL
Example: convert 15 NIO to LSL:
15 NIO = 15 × 2.0940871079941 LSL = 31.4113066199115 LSL
Nicaraguan Córdoba to Lesotho Loti Conversion Table
| Nicaraguan Córdoba | Lesotho Loti |
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Nicaraguan Córdoba
The Nicaraguan Córdoba (NIO) is the official currency of Nicaragua, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Nicaraguan Córdoba was introduced in 1912, replacing the Nicaraguan peso. It has undergone several redenominations and reforms, with the current version being issued in 1998 to stabilize the economy after periods of inflation.
Current Use
Today, the Nicaraguan Córdoba is the primary legal tender in Nicaragua, used in all financial transactions, banking, and commerce across the country.
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.