What does LSL mean in Currencies?

This page is about the meanings of the acronym/abbreviation/shorthand LSL in the Regional field in general and in the Currencies terminology in particular.

Lesotho Loti

Regional » Currencies

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Definition

What does LSL mean?

Lesotho loti
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 (dated 1979) to replace the South African Rand, but the Rand remains legal tender. The name derives from the Sesotho loti, "mountain," while sente is from English "cent."

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"LSL." Abbreviations.com. STANDS4 LLC, 2021. Web. 10 May 2021. <https://www.abbreviations.com/term/95>.

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