Convert South Korean Won to Lesotho Loti
Please provide values below to convert South Korean Won [KRW] to Lesotho Loti [LSL], or Convert Lesotho Loti to South Korean Won.
How to Convert South Korean Won to Lesotho Loti
1 KRW = 78.7040935406195 LSL
Example: convert 15 KRW to LSL:
15 KRW = 15 × 78.7040935406195 LSL = 1180.56140310929 LSL
South Korean Won to Lesotho Loti Conversion Table
| South Korean Won | Lesotho Loti |
|---|
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.
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.