Tuesday, March 1, 2011
Lesotho Issued New Set of Banknotes March 1, 2011
March 1, 2011
The Central Bank of Lesotho issued new design 10, 20, 50 and 100 Maloti banknotes today.
The decision to launch the new currency was meant to halt the spread of counterfeit notes in Lesotho. The new banknotes have high tech security features which were designed to make it difficult to forge the currency.
The new banknotes feature a portrait of the three royal family members: the current king, His Majesty Letsie III is in the middle, his father King Moshoeshoe II is on the left, with the founder of the Basotho nation, King Moshoeshoe I, on the right.