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50 Maloti
| Issuer | Central Bank of Lesotho |
|---|---|
| Year | 1994-2009 |
| Type | Standard circulation banknote |
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| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | MALOTI A MASHOME A MAHLANO 50 |
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| Protection type | Log in to see details |
| Protection description | Lesotho national arms watermark |
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| Comments |
The 50 Maloti sits in a series that spans fifteen years across a single Pick number, meaning several distinct signature combinations exist under P#17 — a detail that matters more to variety collectors than the catalog suggests. The Ketso/Swaray pairing marks a later phase of the run, after Maruping's tenure at the Central Bank.
Lesotho's currency has been pegged to the South African Rand at par since the Maloti's introduction in 1980, a arrangement formalized through the Common Monetary Area. That peg has held without realignment, which is unusual for a small economy entirely surrounded by a larger one.