Lesotho Loti

(redirected from Lesotho Maloti)

Lesotho Loti

The currency of Lesotho. It was issued in 1966 and began to circulate in 1980. It is pegged to the South African rand such that one is equal in value to the other. Both the rand and the loti are accepted in shops in Lesotho. Its plural is maloti.
References in periodicals archive ?
During a public ceremony in Maseru the European Investment Bank (EIB) signed a EUR 82 million (slightly over 1.3 billion Lesotho Maloti) loan for the Lesotho Lowlands Water Development Project - Phase II (LLWDP II), with the Minister of Finance of Lesotho, Dr.

Full browser ?