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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 East Caribbean Dollar (XCD) is the official currency used by eight countries and territories in the Eastern Caribbean region. It is managed by the Eastern Caribbean Central Bank (ECCB) and is pegged to the US dollar, which provides stability and confidence in its value across the region.