Lesotho loti in Kuwaiti Dinar

LSL Lesotho loti

Country of application:
Lesotho

Coin denominations in circulation:
1, 2, 5, 10, 20, 50 lisente, 1, 2, 5 thresh.

Denominations of banknotes in circulation:
10, 20, 50, 100, 200 thresh.

History reference:
Loti, in pl. h. maloti is the currency of the Kingdom of Lesotho. From February 1961, the South African rand, issued to replace the South African pound, was in circulation in Lesotho. On January 19, ...1980, the first national currency was introduced - the loti, divided into 100 licentes and equal to the South African rand. This change was intended to ensure the economic and political independence of Lesotho from the Republic of South Africa, which in reality did not happen. The reverse side of the 50 licente coin contains the image of a rider on a horse, the 2 maloti coin is decorated with the image of five corn inflorescences, the reverse side of the 5 maloti coin is similarly decorated. On the front side of the 1 loti coin there is a portrait of the king of Lesotho, Moshen I, who in the first half of the 19th century. did everything to unite all the tribes that then lived on the territory of modern Lesotho, thereby ending internecine wars. Coins are mostly made of steel.

KWD Kuwaiti Dinar

Country of application:
Kuwait

Coin denominations in circulation:
1, 5, 10, 20, 50, 100 fils.

Denominations of banknotes in circulation:
0.25, 0.5, 1, 5, 10, 20 dinars.

History reference:
The Kuwaiti dinar is currently the national currency of Kuwait. The Kuwaiti dinar was introduced into circulation on April 1, 1961, replacing the Gulf rupee. The Kuwaiti dinar is three times stronger... than the dollar. In 2006, Kuwait revalued its national currency by 1% against the dollar. In 1990, Iraq occupied Kuwait, the Iraqi dinar was put into circulation, and during the six months of occupation, all cash was taken out of the country. In order to prevent further use by Iraq of the stolen money, after the liberation of Kuwait, a monetary reform was carried out, the Kuwaiti dinar of the new issue again became the official means of payment. Today, coins in denominations from 5 to 100 fils and banknotes in denominations from ¼ to 20 dinars are in circulation. The Kuwaiti dinar was pegged to the US dollar at a ratio of 3:1. In 2006, the emirate revalued its national currency against the dollar by 1%. In May 2007, the Kuwaiti authorities decided to decouple the dinar from the dollar, replacing it with a multi-currency basket.