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20 Maloti
| Issuer | Central Bank of Lesotho |
|---|---|
| Year | 1994-2009 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | P#16 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Olive-green on multicolour underprint. The central vignette presents a Mosotho herdsboy in traditional dress and conical hat at right, with two cattle and a cluster of rondavel huts set against a panoramic Drakensberg mountain landscape at centre. A guilloche rosette bearing the numeral '20' anchors the upper left, flanked by floral underprint elements throughout. |
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| Protection description | the national arms and denomination numeral, visible in the unprinted margin area |
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| Comments |
The long print run spanning 1994 to 2009 reflects a deliberate policy of stability — Lesotho's monetary authority kept the Maloti pegged at par with the South African Rand throughout this period under the Common Monetary Area agreement, which meant denominations like this one functioned almost interchangeably with their Rand equivalents across the border. De La Rue produced the series under contract, as they had for Lesotho since the Maloti's introduction in 1980.
Three signature combinations appear across Pick 16's production life, tracking changes in the Governor and Deputy Governor offices over fifteen years. The Ketso/Swaray pairing accounts for the bulk of issued notes.