Historic Azerbaijani manat Lesotho loti

Azerbaijani manat lesotho loti history for February 2024. The highest quote for this month is 11.715 (13/02/2024) and the lowest 11.374 (27/02/2024). The difference between high and low is 2.91.

AZN LSL average rate for February 2024 is 11.167, the change between 01/02/2024 and 29/02/2024 is -4.09 %.

01 February 20241 AZN = 10.93 LSL
02 February 20241 AZN = 10.94 LSL
05 February 20241 AZN = 10.94 LSL
06 February 20241 AZN = 11.13 LSL
07 February 20241 AZN = 11.08 LSL
08 February 20241 AZN = 11.12 LSL
09 February 20241 AZN = 11.16 LSL
12 February 20241 AZN = 11.19 LSL
13 February 20241 AZN = 11.19 LSL
14 February 20241 AZN = 11.26 LSL
15 February 20241 AZN = 11.21 LSL
16 February 20241 AZN = 11.16 LSL
19 February 20241 AZN = 11.16 LSL
20 February 20241 AZN = 11.10 LSL
21 February 20241 AZN = 11.13 LSL
22 February 20241 AZN = 11.13 LSL
23 February 20241 AZN = 11.29 LSL
26 February 20241 AZN = 11.29 LSL
27 February 20241 AZN = 11.37 LSL
28 February 20241 AZN = 11.37 LSL
29 February 20241 AZN = 11.37 LSL

31/12/2020: Digital Currency Pilot

Azerbaijan launched a pilot program to test the use of a digital currency, the digital manat, in an effort to modernize its financial system.

20/12/2017: Second Devaluation

The manat faced another devaluation, this time by around 30%, due to economic challenges and a sharp drop in oil prices.

02/05/2016: Introduction of the new Lesotho loti coins

New coins with updated designs and improved durability were introduced to replace the older ones and ensure efficient circulation of the Lesotho loti currency.

20/12/2015: Devaluation

The manat was devalued by more than 30% against the US dollar in response to falling oil prices.

16/10/2012: Issuance of commemorative banknotes

Commemorative banknotes were issued on the occasion of Lesotho's 46th Independence Day, celebrating the country's cultural heritage and achievements.

02/06/2008: Establishment of the Lesotho Electronic Funds Transfer System

The Lesotho Electronic Funds Transfer System (LETS) was established, enabling secure and efficient electronic transactions, including online banking and interbank transfers.

20/02/2005: Pegged to US Dollar

The Azerbaijani manat was pegged to the US dollar at a rate of 1.6 manat per dollar.

14/06/2001: Currency Reform

A currency reform was implemented, resulting in a new manat with a higher exchange rate.

21/02/2000: Launch of the Lesotho national payment system

The Lesotho national payment system was launched, facilitating seamless electronic funds transfer and promoting financial inclusivity in the country.

25/09/1998: Introduction of the new Lesotho loti banknotes

New banknotes featuring enhanced security features and updated designs were introduced to combat counterfeiting and improve the integrity of the currency.

31/12/1993: Hyperinflation

Azerbaijan experienced a period of hyperinflation, leading to the devaluation of the manat.

14/08/1992: Introduction of Manat

The Azerbaijani manat currency was introduced as the official currency of Azerbaijan, replacing the Soviet ruble.

20/01/1986: Adoption of the Central Bank of Lesotho Act

The Central Bank of Lesotho Act was adopted, providing the legal framework for the regulation and control of the Lesotho loti and monetary policy.

01/10/1980: Introduction of the Lesotho loti

The Lesotho loti was introduced as the official currency of Lesotho to replace the South African rand and establish monetary independence.