Convert Lesotho Loti to Gambian Dalasi
Please provide values below to convert Lesotho Loti [LSL] to Gambian Dalasi [GMD], or Convert Gambian Dalasi to Lesotho Loti.
How to Convert Lesotho Loti to Gambian Dalasi
1 LSL = 0.24136414911055 GMD
Example: convert 15 LSL to GMD:
15 LSL = 15 × 0.24136414911055 GMD = 3.62046223665824 GMD
Lesotho Loti to Gambian Dalasi Conversion Table
Lesotho Loti | Gambian Dalasi |
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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.
Gambian Dalasi
The Gambian Dalasi (GMD) is the official currency of The Gambia, used for all monetary transactions within the country.
History/Origin
The Dalasi was introduced in 1979, replacing the Gambian Pound at a rate of 1 Dalasi = 10 Pounds, to modernize the country's currency system.
Current Use
The Gambian Dalasi is actively used as the primary currency in The Gambia, with coins and banknotes circulating for everyday transactions and trade.