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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 Paraguayan Guaraní (PYG) is the official currency of Paraguay, serving as a medium of exchange for goods and services in the country. It is subdivided into 100 centavos and is issued by the Central Bank of Paraguay, which regulates its supply and value to maintain economic stability.