Panamanian Balboa to Lesotho Loti | Bank

The Panamanian Balboa (PAB) is the official currency of Panama. It has been pegged to the US dollar at a rate of 1:1 since its introduction in 1904. While Panama uses US dollar bills, they mint their own Balboa coins. The currency is named after the Spanish explorer Vasco Núñez de Balboa.

The Lesotho Loti (LSL) is the official currency of Lesotho. It is issued by the Central Bank of Lesotho and has been in circulation since 1980, replacing the South African Rand. The Loti is pegged at par with the South African Rand.