Convert Cayman Islands Dollar to Lesotho Loti
Please provide values below to convert Cayman Islands Dollar [KYD] to Lesotho Loti [LSL], or Convert Lesotho Loti to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Lesotho Loti
1 KYD = 0.0474363426255358 LSL
Example: convert 15 KYD to LSL:
15 KYD = 15 × 0.0474363426255358 LSL = 0.711545139383037 LSL
Cayman Islands Dollar to Lesotho Loti Conversion Table
| Cayman Islands Dollar | Lesotho Loti |
|---|
Cayman Islands Dollar
The Cayman Islands Dollar (KYD) is the official currency of the Cayman Islands, used for all monetary transactions within the territory.
History/Origin
Introduced in 1972, the Cayman Islands Dollar replaced the Jamaican dollar at par, establishing a stable local currency for the financial sector and tourism industry.
Current Use
The KYD is widely used in the Cayman Islands for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate of 1 KYD = 1.20 USD.
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.