01/01/2019: Switch to the Bermuda dollar symbol
Bermuda officially adopted a new currency symbol for the Bermudian dollar, replacing the British pound sign used previously.
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.
16/03/2015: Redesign of banknotes
The Bermuda Monetary Authority unveiled a redesigned series of banknotes featuring enhanced security features and updated designs.
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.
01/05/2012: Introduction of polymer banknotes
Bermuda introduced polymer banknotes to replace paper currency for better durability and security.
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.
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.
01/01/1997: Incorporation into Federal Reserve System
The US Federal Reserve System incorporated the Bermuda Monetary Authority into its banking system.
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.
06/01/1982: New notes and coins
Bermuda issued new notes and coins, featuring iconic local sights, to commemorate its 375th anniversary.
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.
25/02/1972: Introduction of decimal coins
Bermuda introduced a decimal currency system, replacing the old pounds, shillings, and pence.
06/07/1970: Currency Board Agreement
Bermuda established a Currency Board System, pegging the Bermudian dollar at par with the US dollar.