Lesotho loti

Infobox Currency
image_1 =
image_title_1 = 200 maloti
iso_code = LSL
using_countries = flag|Lesotho
inflation_rate = 6.8%
inflation_source_date = [http://www.centralbank.org.ls/news/MPC%20Statement%20Nov%2006.pdf Central Bank of Lesotho] , August 2006
inflation_method = CPI
pegged_with = South African rand at par
subunit_ratio_1 = 1/100
subunit_name_1 = sente
symbol = L or M (pl.)
plural = maloti
plural_subunit_1 = lisente
used_coins = 1, 2, 5, 10, 20, 50 lisente, L1, M2, M5
used_banknotes = M10, M20, M50, M100, M200
issuing_authority = Central Bank of Lesotho
issuing_authority_website = www.centralbank.org.ls

:"For other meanings of "Loti", see Loti (disambiguation).

The loti (pl. "maloti") is the currency of the Kingdom of Lesotho. It is subdivided into 100 "lisente" (sg. "sente"). It is pegged to the South African rand on a 1:1 basis through the Common Monetary Area, and both are accepted as legal tender within Lesotho. The loti was first issued in 1966, albeit as a non-circulating currency. In 1980, Lesotho issued its first coins denominated in both loti & lisente to replace the South African rand as legal tender.

Coins

In 1980, coins dated 1979 were introduced in denominations of 1 sente, 2, 5, 10, 25 and 50 lisente and 1 loti. In 1996, 2 and 5 maloti coins were introduced, followed by 20 lisente in 1998.

Coins in circulation are:
* 5 lisente
* 10 lisente
* 20 lisente
* 50 lisente
* 1 loti
* 2 maloti
* 5 maloti

Banknotes

In 1980, banknotes dated 1979 were introduced in denominations of 2, 5 and 10 maloti. 20 and 50 maloti notes were added in 1981, followed by 100 and 200 maloti in 1994.

Banknotes in circulation
*10 maloti
*20 maloti
*50 maloti
*100 maloti
*200 maloti

ee also

* Economy of Lesotho

External links

Standard numismatics external links
world_coin_gallery_1_url = Lesotho
world_coin_gallery_1_name = Lesotho
banknote_world_1_url = lesotho
banknote_world_1_name = Lesotho
dollarization_1_url = ls
dollarization_1_name = Lesotho
gfd_1_url = Lesotho
gfd_1_name = Lesotho
gfd_data_1_url =
gfd_data_1_name =
show_gfd_excel = Y