The currency of Lesotho is the Lesotho loti, abbreviated as LSL. The loti is subdivided into 100 lisente. It is pegged to the South African rand, making them interchangeable for day-to-day transactions. The loti is used in Lesotho, a landlocked country surrounded by South Africa. It plays a crucial role in the economy, which relies heavily on agriculture, remittances from workers in South Africa, and manufacturing. The currency's stability is closely tied to the economic conditions in South Africa due to the close economic ties between the two nations.