Lisente definitions
| Word backwards | etnesil |
|---|---|
| Part of speech | Noun. |
| Syllabic division | li-sen-te |
| Plural | The plural of the word "lisente" is "lisente". |
| Total letters | 7 |
| Vogais (2) | i,e |
| Consonants (4) | l,s,n,t |
When it comes to financial matters, understanding the different options available to you is crucial. One such option that many people may not be familiar with is lisente. This term refers to the currency of the Kingdom of Lesotho, a landlocked country in Southern Africa. The currency is denoted by the symbol L or M, and its ISO code is LSL.
Lisente is subdivided into 100 units called lisente. The coins are issued in denominations of 1, 2, 5, 10, 20, and 50 lisente, while banknotes come in 10, 20, 50, 100, and 200 lisente. This currency has been in use since 1980 when Lesotho gained independence from British colonial rule.
The economy of Lesotho
Lesotho's economy relies heavily on agriculture, manufacturing, mining, and remittances from migrant workers. The country is known for producing a significant amount of textiles for export, primarily to the United States under the African Growth and Opportunity Act (AGOA).
Exchange rate and conversion
For travelers looking to visit Lesotho, it's essential to understand the exchange rate of lisente to their home currency. The currency is pegged to the South African Rand at an exchange rate of 1:1. Therefore, the value of the lisente is equivalent to that of the rand.
Conclusion
In conclusion, lisente is the official currency of Lesotho, a country with a diverse economy based on agriculture, manufacturing, and mining. Understanding the currency's value and exchange rate is crucial for anyone looking to do business or travel to this beautiful Southern African nation.
Lisente Examples
- I paid five lisente for the candy bar.
- The lisente were scattered all over the table.
- She found a lucky lisente on the ground.
- The lisente jingled in his pocket as he walked.
- He saved every lisente to buy his dream car.
- The lisente gleamed in the sunlight.
- They used the last lisente to buy a loaf of bread.
- She gave him a lisente for good luck.
- The lisente fell from her purse onto the floor.
- He collected lisente from different countries as a hobby.