Historic Iraqi dinar Lesotho loti

Iraqi dinar lesotho loti history for March 2024. The highest quote for this month is 0.014951 (04/03/2024) and the lowest 0.014964 (01/03/2024). The difference between high and low is -0.09.

IQD LSL average rate for March 2024 is 0.01478, the change between 01/03/2024 and 31/03/2024 is +0.74 %.

01 March 20241 IQD = 0.0147 LSL
04 March 20241 IQD = 0.0150 LSL
05 March 20241 IQD = 0.0150 LSL
06 March 20241 IQD = 0.0150 LSL
07 March 20241 IQD = 0.0146 LSL
08 March 20241 IQD = 0.0147 LSL
11 March 20241 IQD = 0.0146 LSL

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

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.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

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.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.