Currency in Lesotho LSL - Things to know
Foreign exchange guide to Lesotho and the Lesotho loti
What's in this Lesotho currency guide?
What currency is used in Lesotho?
The official currency of Lesotho (country code: LS) is the Lesotho loti, with symbol L and currency code LSL.
Things to know about the Lesotho loti
The Lesotho Loti (LSL) is the official currency of Lesotho, a small landlocked country located in Southern Africa. It is abbreviated as LSL and is made up of 100 lisente. The Central Bank of Lesotho issues the currency and is responsible for managing the country's monetary policy.
The Lesotho Loti is pegged to the South African Rand at a rate of 1 LSL to 1.00 ZAR. This means that the value of the Loti is tied to the value of the Rand, and the two currencies are accepted interchangeably in Lesotho and South Africa.
Travel money for Lesotho
Save money and time by Ordering your Lesotho loti online from Travelex, you get better rates and can pick up the LSL cash locally or even on travel day at the airport.
Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.
For card purchases if offered a choice of currencies always select to Pay in Lesotho loti otherwise you may get much worst exchange rates.
USD/LSL Market Data
The below interactive chart displays the USD/LSL trend and UP▲ DOWN▼ HIGH▲ LOW▼ alerts
Frequently Asked Questions
What currency should I use in Lesotho?
The domestic currency in Lesotho is the Lesotho loti.
What is the Lesotho loti currency code and symbol?
The three letter currency code for the Lesotho loti is LSL — symbol is L.
Which countries use the Lesotho loti?
It is the domestic currency in Lesotho.
Is the Lesotho loti a closed currency?
No, the Lesotho loti is freely available and convertible. See guide: What is a closed currency?
What are equivalent amounts of USD and LSL?
Converted at USD/LSL interbank rate, compare Send Money and Currency Exchange exchange rates.
Send Money to Lesotho - Best Rates
To get a good (and fair) exchange rate when sending money to Lesotho you need to find and compare exchange rates for International Money Transfers (IMTs).
The available FX rates for sending money abroad can be very different to the mid-market (wholesale) rate which you see reported online and in the News.
You should especially compare your own bank's exchange rates to those available from Money Transfer specialists to see how much you can save - we make that calculation easy in the below table.
Get a better deal for foreign transfers to Lesotho
When sending money to Lesotho it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :
- Open an account with a BER reviewed FX provider (id docs may be required)
- You specify the local or Lesotho loti amount you want to transfer
- Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
- Once your funds are received by the provider the converted LSL amount will be transfered to the recipient account you specify in Lesotho.
Use the above calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Lesotho loti deposited into the recipient bank account and less margins and fees kept by the banks!
