Lesotho loti anniversary, the Central Bank of Lesotho launched a new series of banknotes dated 2010 aimed at fighting the spread of counterfeits. The notes feature a portrait of the three royal family members: the current king, His Majesty Letsie III is in the middle, his father King Moshoeshoe II is on the left, and the founder of the Basotho nation, King Moshoeshoe I, on the right. Lesotho loti 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
History of Lesotho 1855. The country set up diplomatic channels and acquired guns for use against the encroaching Europeans and the Korana people. Territorial conflicts with both British and Boer settlers arose periodically, including Moshoeshoe's notable victory over the Boers in the Free State–Basotho War, but the final war in 1867 with an appeal to Queen Victoria, who agreed to make Basutoland a British suzerainty. In 1869, the British signed a treaty at Aliwal with the Boers that defined the boundaries of Basutoland and later Lesotho, which by ceding the western territories effectively reduced Moshoeshoe's kingdom to half its previous size. The extent