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10 Maloti
| Issuer | Central Bank of Lesotho |
|---|---|
| Year | 1981 |
| Type | Standard circulation banknote |
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| Obverse description | Portrait of King Moshoeshoe II in military uniform occupies the right portion of the note, rendered in intaglio against a red guilloche underprint. At centre, the national coat of arms appears within a circular vignette, surrounded by the inscription THIS NOTE IS LEGAL TENDER FOR TEN MALOTI. The denomination numeral 10 appears at lower left and upper right, with the issuer title CENTRAL BANK OF LESOTHO across the top and two facsimile signatures below, identified as MINISTER OF FINANCE and GOVERNOR. |
|---|---|
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| Reverse description | A Basotho horseman in traditional blanket and conical hat stands beside a horse amid cultivated fields, with the Maluti mountain range rising in the background, all rendered in rose-red intaglio. Intricate guilloche lacework fills the margins, with a faceted gem-style denomination numeral 10 in the upper right corner. The inscription MALOTI A LESHOME appears at lower centre, flanked by the numeral 10 at either side. |
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| Comments |
Lesotho's first independent currency series launched in 1980, replacing the South African rand at par — a deliberate assertion of economic distance from Pretoria at a time when the kingdom was entirely surrounded by apartheid South Africa and heavily dependent on it. The Maloti had no meaningful exchange risk at introduction, but the political symbolism of the move was considerable for a country with essentially no monetary infrastructure of its own.
Bradbury Wilkinson printed the series out of New Malden until the firm was absorbed by De La Rue in 1990. The P#6 carries two signature combinations, suggesting at minimum two distinct issue runs across its print life.