Convert Lesotho Loti to Chinese Yuan (Offshore)
Please provide values below to convert Lesotho Loti [LSL] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to Lesotho Loti.
How to Convert Lesotho Loti to Chinese Yuan (Offshore)
1 LSL = 2.44950895340304 CNH
Example: convert 15 LSL to CNH:
15 LSL = 15 × 2.44950895340304 CNH = 36.7426343010456 CNH
Lesotho Loti to Chinese Yuan (Offshore) Conversion Table
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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.
Chinese Yuan (Offshore)
CNH (Chinese Yuan Offshore) is the offshore version of China's currency, the Renminbi, used primarily for international trade and investment outside mainland China.
History/Origin
CNH was introduced in 2010 to facilitate offshore trading of the Chinese currency, allowing greater flexibility and internationalization of the Renminbi separate from the onshore RMB (CNY).
Current Use
CNH is widely used in global financial markets for trading, investment, and currency exchange, serving as a key component in international trade involving China.