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 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