What is another word for Lesotho Monetary Unit?
Pronunciation: [ləsˈuːtuː mˈʌnɪtəɹi jˈuːnɪt] (IPA) 
Lesotho Monetary Unit is the official currency of Lesotho, a small landlocked country in southern Africa. The currency is also known by its ISO currency code, LSL. Some synonyms for Lesotho Monetary Unit include the Lesotho Loti, the Basotho Loti, or simply the Loti. The Lesotho Monetary Unit is subdivided into 100 lisente, and is pegged to the South African rand at par. This means that the exchange rate of 1 LSL is equal to 1 ZAR. The Lesotho Monetary Unit is used in Lesotho as a means of payment for goods and services, and is also widely accepted by businesses in neighboring South Africa.
