Lesotho loti

Lesotho loti

ISO 4217
Code	LSL (numeric: 426)
Subunit	0.01
Unit
Plural	maloti
Symbol	L or M (pl.)‎
Denominations
Subunit
1/100	sente
Plural
sente	lisente
Banknotes	M10, M20, M50, M100, M200
Coins	1, 2, 5, 10, 20, 50 lisente, L1, M2, M5
Demographics
User(s)	Lesotho (alongside South African rand)
Issuance
Central bank	Central Bank of Lesotho
Website	www.centralbank.org.ls
Valuation
Inflation	6.8%
Source	Central Bank of Lesotho, August 2006
Method	CPI
Pegged with	South African rand at par

The loti (plural: 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 and lisente to replace the South African rand of Lesotho, though the Rand remains 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 January 1980, banknotes dated 1979 (the last two digits of the year of issue are the serial number prefix denominator) 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.

On 1 March 2011, at a celebration marking its 30th anniversary, the Central Bank of Lesotho launched a new series of banknotes dated 2010 aimed at fighting the spread of counterfeits. The notes feature a portrait of the three royal family members: the current king, His Majesty Letsie III is in the middle, his father King Moshoeshoe II is on the left, and the founder of the Basotho nation, King Moshoeshoe I, on the right.

2011 Series [1]
Value	Dimensions	Main Color	Description		Date of issue	Date of first issue	Watermark
			Obverse	Reverse
10 maloti	130 x 70 mm	Red and Yellow	Mokorotlo hat registration device; King Moshoeshoe II, King Letsie III, and King Moshoeshoe I; Lesotho coat of arms	Cosmos flowers (Cosmos bipinnatus)	2010	March 1, 2011	Lesotho coat of arms and electrotype 10
20 maloti	135 x 70 mm	Purple and light blue	Mokorotlo hat registration device; King Moshoeshoe II, King Letsie III, and King Moshoeshoe I; Lesotho coat of arms	Basotho huts (mokhoro)	2010	March 1, 2011	Lesotho coat of arms and electrotype 20
50 maloti	138 x 70 mm	Violet	Mokorotlo hat registration device; King Moshoeshoe II, King Letsie III, and King Moshoeshoe I; Lesotho coat of arms	Men on horseback	2010	March 1, 2011	Lesotho coat of arms and electrotype 50
100 maloti	140 x 70 mm	Green	Mokorotlo hat registration device; King Moshoeshoe II, King Letsie III, and King Moshoeshoe I; Lesotho coat of arms	Shepard with flock	2010	March 1, 2011	Lesotho coat of arms and electrotype 100
200 maloti	145 x 70 mm	Orange	Mokorotlo hat registration device; King Moshoeshoe II, King Letsie III, and King Moshoeshoe I; Lesotho coat of arms	Man on horse	2015	April 1, 2016	King Moshoeshoe I in top hat, electrotype 200 capped with Basotho hat, and Cornerstones

See also

• Economy of Lesotho

External links

• Central Bank of Lesotho's official website
• The banknotes of Lesotho Template:En icon Template:De icon

Current LSL exchange rates
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Preceded by: South African rand Ratio: at par

Currency of Lesotho 1980 – Concurrent with: South African rand (legal tender)

Succeeded by: Current