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10 Maloti

Issuer Central Bank of Lesotho
Year 2010-2013
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Currency Loti (1980-date)
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Reverse lettering Maloti a Leshome
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Protection type Watermark
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Comments

Thomas De La Rue printed the entire run of just over 12 million notes — a modest quantity for a country of Lesotho's size, and consistent with an economy where the South African rand circulates freely alongside the loti under the Common Monetary Area agreement. The loti is pegged one-to-one with the rand, which sharply limits the Central Bank's incentive to issue large volumes of its own paper.

Security on this issue is relatively light — watermark only, no metallic thread or color-shifting ink. That places it at the low end of De La Rue's contemporary production capabilities.

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