Historic Mexican peso Lesotho loti

Mexican peso lesotho loti history for August 2023. The highest quote for this month is 1.1546 (15/08/2023) and the lowest 1.1254 (22/08/2023). The difference between high and low is 2.53.

MXN LSL average rate for August 2023 is 1.09567, the change between 01/08/2023 and 31/08/2023 is -5.09 %.

01 August 20231 MXN = 1.066 LSL
02 August 20231 MXN = 1.058 LSL
03 August 20231 MXN = 1.050 LSL
04 August 20231 MXN = 1.055 LSL
07 August 20231 MXN = 1.070 LSL
08 August 20231 MXN = 1.071 LSL
09 August 20231 MXN = 1.068 LSL
10 August 20231 MXN = 1.071 LSL
11 August 20231 MXN = 1.070 LSL
14 August 20231 MXN = 1.100 LSL
15 August 20231 MXN = 1.097 LSL
16 August 20231 MXN = 1.117 LSL
17 August 20231 MXN = 1.111 LSL
18 August 20231 MXN = 1.118 LSL
21 August 20231 MXN = 1.122 LSL
22 August 20231 MXN = 1.117 LSL
23 August 20231 MXN = 1.124 LSL
24 August 20231 MXN = 1.119 LSL
25 August 20231 MXN = 1.116 LSL
28 August 20231 MXN = 1.123 LSL
29 August 20231 MXN = 1.119 LSL
30 August 20231 MXN = 1.119 LSL
31 August 20231 MXN = 1.121 LSL

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.

20/06/2012: Mexican Peso Becomes the Most Traded Emerging Market Currency

The Mexican peso surpassed the Brazilian real to become the most traded currency among emerging markets, reflecting Mexico's growing economic importance.

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.

01/01/2003: Introduction of the New Peso Symbol

The Mexican peso adopted a new symbol, replacing the old symbol (₱) with a capital 'P' with double horizontal lines (MXN) to symbolize the 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.

20/12/1994: Tequila Crisis

Mexico experienced a severe economic crisis and an abrupt devaluation of the peso as a result of the devaluation of the Thai baht, causing investors to flee emerging markets.

01/01/1993: Implementation of the North American Free Trade Agreement (NAFTA)

NAFTA came into effect, promoting trade and investment between Mexico, the United States, and Canada, leading to increased stability and growth in the Mexican economy.

06/07/1988: Introduction of the New Peso

Due to hyperinflation and currency devaluation, Mexico introduced a new currency, called the New Peso, where 1000 old pesos were replaced by 1 new peso.

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.

12/08/1982: Mexican Debt Crisis

Mexico defaulted on its external debt, leading to a sharp devaluation of the peso and a severe economic crisis, requiring an emergency loan from the International Monetary Fund (IMF).

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.

13/08/1970: Devaluation of the Peso

In response to global inflation, the Mexican government devalued the peso by 20% against the US dollar, leading to economic instability and a decline in purchasing power.