Historic Lesotho loti Moroccan dirham

Lesotho loti moroccan dirham history for September 2023. The highest quote for this month is 0.54848 (21/09/2023) and the lowest 0.53303 (01/09/2023). The difference between high and low is 2.82.

LSL MAD average rate for September 2023 is 0.53377, the change between 01/09/2023 and 30/09/2023 is -2.75 %.

01 September 20231 LSL = 0.5234 MAD
04 September 20231 LSL = 0.5300 MAD
05 September 20231 LSL = 0.5332 MAD
06 September 20231 LSL = 0.5263 MAD
07 September 20231 LSL = 0.5305 MAD
08 September 20231 LSL = 0.5297 MAD
11 September 20231 LSL = 0.5168 MAD
12 September 20231 LSL = 0.5164 MAD
13 September 20231 LSL = 0.5377 MAD
14 September 20231 LSL = 0.5365 MAD
15 September 20231 LSL = 0.5387 MAD
18 September 20231 LSL = 0.5234 MAD
19 September 20231 LSL = 0.5402 MAD
20 September 20231 LSL = 0.5422 MAD
21 September 20231 LSL = 0.5485 MAD
22 September 20231 LSL = 0.5445 MAD
25 September 20231 LSL = 0.5277 MAD
26 September 20231 LSL = 0.5480 MAD
27 September 20231 LSL = 0.5397 MAD
28 September 20231 LSL = 0.5381 MAD
29 September 20231 LSL = 0.5378 MAD

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

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.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

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.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

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.

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.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

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.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.