what is the currency of lesotho called
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.he 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.