For example, a price elasticity of alcohol demand of -0.5 means that a 1-percent increase in price would reduce alcohol consumption by 0.5 percent (or a 10-percent increase in price would reduce consumption by 5 percent).
The Local Currency. The Seychelles Rupee (Rs) is the official currency of the Seychelles. One Rupee = 100 cents. The currency is divided into both paper and coin form. Currency is minted in the following denominations.
Lesotho's currency, the Loti (LSL) (plural Maloti), is fixed at a 1:1 ratio with the South African Rand (ZAR). South African currency is accepted everywhere â there is no need to change money.However you will get Maloti in change (unless you ask) which is very difficult to unload in South Africa.esotho's currency, the Loti (LSL) (plural Maloti), is fixed at a 1:1 ratio with the South African Rand (ZAR). South African currency is accepted everywhere â there is no need to change money.