Convert Israeli New Sheqel to Lesotho Loti
Please provide values below to convert Israeli New Sheqel [ILS] to Lesotho Loti [LSL], or Convert Lesotho Loti to Israeli New Sheqel.
How to Convert Israeli New Sheqel to Lesotho Loti
1 ILS = 0.19041709598274 LSL
Example: convert 15 ILS to LSL:
15 ILS = 15 × 0.19041709598274 LSL = 2.8562564397411 LSL
Israeli New Sheqel to Lesotho Loti Conversion Table
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Israeli New Sheqel
The Israeli New Sheqel (ILS) is the official currency of Israel, used for everyday transactions and economic activities within the country.
History/Origin
The Israeli New Sheqel was introduced in 1985, replacing the old Sheqel at a rate of 1,000 old Sheqels to 1 New Sheqel, as part of economic reforms to stabilize the Israeli economy.
Current Use
Today, the ILS is widely used in Israel for all financial transactions, including banking, commerce, and government operations, and is also accepted in some Palestinian territories.
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.