Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's TZS to LSL (Tanzanian Shilling to Lesotho Loti) exchange rates

Tanzania
Lesotho
TZS

Interbank Exchange Rate: 1 TZS = 0.0062 LSL
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Tanzanian Shilling to Lesotho Loti money transfers

Easily compare money transfer providers in one place to send money from Tanzania to Lesotho. Send money overseas to your loved ones by comparing Tanzanian Shilling (TZS) to Lesotho Loti (LSL) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Tanzania.

Were you looking to send money from Lesotho to Tanzania instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest TZS to LSL Conversion Rates

Here are some latest TZS to LSL (Tanzanian Shilling to Lesotho Loti) exchange rates for popular conversion amounts*.

1 TZS0.01 LSL
5 TZS0.03 LSL
10 TZS0.06 LSL
25 TZS0.16 LSL
50 TZS0.31 LSL
100 TZS0.62 LSL
150 TZS0.93 LSL
200 TZS1.24 LSL
250 TZS1.55 LSL
300 TZS1.86 LSL
400 TZS2.48 LSL
500 TZS3.10 LSL
600 TZS3.72 LSL
700 TZS4.34 LSL
800 TZS4.96 LSL
1,000 TZS6.20 LSL
1,500 TZS9.30 LSL
2,000 TZS12.40 LSL
2,500 TZS15.50 LSL
3,000 TZS18.60 LSL
4,000 TZS24.80 LSL
5,000 TZS31.00 LSL
10,000 TZS62.00 LSL
15,000 TZS93.00 LSL
20,000 TZS124.00 LSL
30,000 TZS186.00 LSL
40,000 TZS248.00 LSL
50,000 TZS310.00 LSL
100,000 TZS620.00 LSL

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money to Lesotho from Tanzania?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Tanzania to Lesotho. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Tanzanian Shilling to LSL.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send TZS to LSL in Lesotho. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Lesotho from Tanzania. We provide you with maximum choices to send money to Lesotho by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Lesotho from Tanzania?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Lesotho.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Tanzania to Lesotho transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your TZS to Lesotho Loti money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to transfer money from Tanzania to Lesotho?

When you want to send money to Lesotho from Tanzania, you obviously want the cheapest possible option to maximize the money your recipient gets in Lesotho Loti. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your TZS to LSL money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Tanzania to Lesotho. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Tanzania to Lesotho exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Lesotho Loti overseas.


How to send money from Tanzania to Lesotho through a bank?

We do not recommend using your local bank in Tanzania for your next TZS to LSL overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Tanzania to Lesotho (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending LSL to Lesotho. These companies will let you use your local bank account in Tanzania to pay for your Lesotho money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money from Tanzania to Lesotho fast?

If you need to convert TZS to LSL as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Tanzania to Lesotho could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Tanzanian Shilling to Lesotho Loti funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Lesotho.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Tanzania to Lesotho. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to transfer money to Lesotho from Tanzania?

Tanzania to Lesotho money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Lesotho as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Tanzanian Shilling to Lesotho Loti money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to do a money transfer from Tanzania to Lesotho

The first step to send money to Lesotho from Tanzania is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your TZS to LSL overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Lesotho if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Tanzania bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Lesotho!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Tanzania to Lesotho.