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The loti (plural: maloti) is the currency of the Kingdom of Lesotho.It is subdivided into 100 lisente (sg. sente). It is pegged to the South African rand on a 1:1 basis through the Common Monetary Area, and both are accepted as legal tender within Lesotho.he loti was first issued in 1966, albeit as a non-circulating currency. In 1980, Lesotho issued its first coins denominated in both loti and lisente to replace the South African rand of Lesotho, though the Rand remains legal tender.
Join LinkedIn to get the latest news, insights, and opportunities from over 3 million companies. Lesotho PostBank is a bank with a mandate to facilitate affordable and accessible finacial services to the unbanked Basotho. It was incorporated in 2004 and was licensed by the Central bank of Lesotho.oin LinkedIn to get the latest news, insights, and opportunities from over 3 million companies. Lesotho PostBank is a bank with a mandate to facilitate affordable and accessible finacial services to the unbanked Basotho. It was incorporated in 2004 and was licensed by the Central bank of Lesotho.