Tuesday, February 23, 2016

Lesotho to introduce new 200 Maloti banknotes in April 2016

The Central Bank of Lesotho will introduce a new 200 Maloti banknote in April as part of the current family of banknotes featuring the portraits of the three generations of the Basotho kings which was first launched in 2010. The new banknote is recognizable by, among other things, enhanced security features that will render it very difficult for counterfeiters to replicate.

“The old M200 banknote featuring the portrait of the founding father of the nation, King Moshoeshoe I alone, shall continue to be legal tender alongside the new one until its stocks are completely depleted.

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