Lesotho loti 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 the Common Monetary Area, and both are accepted as legal tender within Lesotho. The 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 (dated 1979) to replace the South African Rand, but the Rand remains legal tender. The name derives from the Sesotho "loti", "mountain," while "sente" is from English
History of Lesotho military the following year. His son was installed as King Letsie III. Conditions remained tumultuous, including an August 1994 self-coup by Letsie III, until 1998 when the Lesotho Congress for Democracy (LCD) came to power in elections which were deemed fair by international observers. Despite protests from opposition parties, the country has remained relatively stable since. At some stage during their migration south from a tertiary dispersal area Bantu speaking peoples came to settle the lands that now make up Lesotho as well as a more extensive territory of fertile lands that surround modern day Lesotho. These people spoke a