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The Lesotho Loti (LSL) is the official currency of the Kingdom of Lesotho, a landlocked country surrounded by South Africa. Introduced in 1980, it is pegged to the South African Rand (ZAR) at par, meaning that both currencies can be used interchangeably in Lesotho. The currency plays a crucial role in facilitating trade and economic stability in the region.
The Botswana Pula (BWP) is the official currency of Botswana, introduced in 1976 to replace the South African Rand, which was previously used. The Pula is subdivided into 100 thebe and is issued by the Bank of Botswana, serving as a vital tool for trade, investment, and economic stability in the country.