10 Maloti

The P#26 series replaced the earlier polymer experiment that Lesotho briefly pursued — the Central Bank returned to cotton substrate after circulation feedback indicated the polymer surface performed poorly in the highland climate, where temperature swings and handling habits accelerated delamination at the corners. Matlanyane's signature as Governor dates the later printings to her tenure, which began in 2012 and extended through this issue.

Security provision on this denomination is relatively modest for its era — thread and watermark only, without the optically variable ink or color-shifting elements found on the higher denominations in the same series.