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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 Cuban Peso (CUP) is the official currency of Cuba, primarily used for everyday transactions within the country. It is distinct from the Cuban Convertible Peso (CUC), which was previously used for tourism and foreign transactions, and serves to regulate the local economy and control inflation.