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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 Swedish Krona (SEK) is the official currency of Sweden, symbolized by 'kr'. It is subdivided into 100 öre, though öre coins are no longer in circulation. The Krona is issued and regulated by the Sveriges Riksbank, Sweden's central bank, and serves as a vital component of the country's economy, facilitating trade and everyday transactions.