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.
16/10/2012: 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.
20/11/2009: Resumption of issuing Córdoba coins
The Central Bank resumed issuing córdoba coins, reintroducing denominations of 10, 25, and 50 centavos, and 1 córdoba.
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.
01/01/2001: Dollarization
Nicaragua adopted the US dollar as its official currency, effectively ending the era of the Nicaraguan córdoba as the national currency.
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.
04/07/1991: Currency control and unification
The government implemented currency control measures, unifying the exchange rate at 5 córdobas oro per US dollar.
25/04/1991: Córdoba Oro becomes legal tender
The Córdoba Oro was declared as the only legal tender in Nicaragua, replacing the old cordoba.
01/02/1988: Introduction of the Córdoba Oro Currencies
The government introduced the Córdoba Oro as a new currency, replacing the previous currency, with an initial rate of 1 córdoba oro = 1,000 córdobas.
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.
01/03/1932: Córdoba de Oro established
The Córdoba de Oro was introduced, replacing the previous córdoba at a rate of 10,000 to 1.
20/10/1912: Introduction of the Nicaraguan córdoba
The Nicaraguan córdoba was introduced as the official currency of Nicaragua, replacing the peso at a rate of 12.5 córdobas per US dollar.