Average Foreign Exchange Manager Salary in Lesotho for 2026

In this article, we will look at the average Foreign Exchange Manager salary for 2026 in Lesotho and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Lesotho loti. To keep things simple, we are using the LSL currency code instead of the currency symbol L.

How Much Does a Foreign Exchange Manager Make in Lesotho?

A Foreign Exchange Manager working in Lesotho will typically earn around 239,000 LSL per year, and this can range from the lowest average salary of about 125,100 LSL to the highest average salary of 363,000 LSL.

Average Annual Salary239,000 LSL
Average Monthly Salary19,916 LSL
Average Lowest Salary125,100 LSL
Lowest Monthly Salary10,425 LSL
Average Highest Salary363,000 LSL
Highest Monthly Salary30,250 LSL

These are average salaries for a Foreign Exchange Manager in Lesotho and include benefits such as housing and transport. It's also possible for a Foreign Exchange Manager to earn more or less than the average salaries shown above.

Foreign Exchange Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Foreign Exchange Manager Salaries in Lesotho

So we've looked at the average salaries a Foreign Exchange Manager will earn in Lesotho. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Foreign Exchange Manager can earn between 125,100 LSL and 363,000 LSL on average in Lesotho. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Foreign Exchange Manager in Lesotho is 227,600 LSL. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 227,600 LSL, and 50% of the population earn more than 227,600 LSL.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Foreign Exchange Manager salary in Lesotho, 25% of the population are earning less than 159,100 LSL while 75% of the population earn more than 159,100 LSL.

75% of the population earn less than 282,500 LSL, and 25% of the population earn more than 282,500 LSL.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Foreign Exchange Manager Salary by Experience Level in Lesotho

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average Foreign Exchange Manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Foreign Exchange Manager in Lesotho that has less than two years of experience can expect to earn somewhere in the region of 138,800 LSL.
  • 2 - 5 Years Experience. With two to five years of experience the average Foreign Exchange Manager salary would increase to 189,300 LSL.
  • 5 - 10 Years Experience. From five to ten years of experience as a Foreign Exchange Manager, the average salary would be 245,300 LSL.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 296,000 LSL.
  • 15 - 20 Years Experience. A Foreign Exchange Manager with 15 to 20 years of experience can earn an average of 325,800 LSL.
  • 20+ Years Experience. For a Foreign Exchange Manager with more than 20 years, the expected average salary increases to 340,400 LSL.

Average Salary by Experience Chart

0-2 Years-
138,800 LSL
2-5 Years+34%
189,300 LSL
5-10 Years+30%
245,300 LSL
10-15 Years+21%
296,000 LSL
15-20 Years+9%
325,800 LSL
20+ Years+5%
340,400 LSL

Foreign Exchange Manager Salary by Education Level in Lesotho

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Foreign Exchange Manager in Lesotho based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Foreign Exchange Manager in Lesotho with a bachelor's degree education can earn an average salary of 197,600 LSL.
  • Master's Degree. A Foreign Exchange Manager in Lesotho with a master's degree education can earn an average salary of 273,000 LSL.

Average Salary by Education Chart

Bachelor's Degree-
197,600 LSL
Master's Degree+39%
273,000 LSL

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Lesotho is around 58,700 to 176,000 LSL and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Foreign Exchange Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Lesotho, a male foreign exchange manager will earn an average of 252,300 LSL, while a female foreign exchange manager will earn around 227,600 LSL.

This means that a male foreign exchange manager earns approximately 11% more than a female foreign exchange manager for performing the same job.

Average Salary by Gender Chart in Lesotho

Male-
252,300 LSL
Female-11%
227,600 LSL

Foreign Exchange Manager Average Pay Raise in Lesotho

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Foreign Exchange Manager in Lesotho is around 10% every 28 months.

The national average pay raise across all professions and industries in Lesotho is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 10 ÷ 28 ) × 12  = 4%

What this means is that a Foreign Exchange Manager in Lesotho can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Lesotho for 2026

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Lesotho.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking-
3%
Energy-
6%
Information Technology-
9%
Healthcare-
3%
Travel-
6%
Construction-
9%
Education-
3%

Foreign Exchange Manager Bonus and Incentive Rates in Lesotho

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Foreign Exchange Manager is a moderate bonus based job, with 62% of employees reporting at least one bonus in the last 12 months.

38% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 6% to 8%.

Received Bonus-
62%
No Bonus-
38%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Lesotho earn approximately 13% more than private sector employees in the same role.

Public Sector-
152,000 LSL
Private Sector-13%
134,600 LSL

Salaries for Jobs Similar to a Foreign Exchange Manager

In the table below, we have salary information for jobs that are similar to a Foreign Exchange Manager in Lesotho.

Job TitleCategorySalary
AML AnalystBanking215,100 LSL
ATM ManagerBanking212,500 LSL
ATM Service TechnicianBanking58,720 LSL
Assistant Bank Branch ManagerBanking192,600 LSL
Assistant Bank ManagerBanking247,800 LSL
Bank Accounts AnalystBanking84,180 LSL
Bank Accounts CollectorBanking49,300 LSL
Bank Accounts ControllerBanking109,340 LSL
Bank Accounts ExecutiveBanking152,000 LSL
Bank Accounts ManagerBanking180,500 LSL
Bank Auditing ManagerBanking180,300 LSL
Bank Branch ManagerBanking258,400 LSL
Bank Branch Operations CoordinatorBanking106,820 LSL
Bank ClerkBanking50,520 LSL
Bank Client Service AssociateBanking73,260 LSL
Bank CollectorBanking50,620 LSL
Bank Compliance SpecialistBanking128,500 LSL
Bank ManagerBanking311,700 LSL
Bank Operational Risk ManagerBanking292,000 LSL
Bank Operations HeadBanking307,400 LSL
Bank Operations OfficerBanking123,400 LSL
Bank Operations SpecialistBanking180,500 LSL
Bank Process ManagerBanking161,300 LSL
Bank Product Manager Banking197,600 LSL
Bank Programme ManagerBanking209,700 LSL
Bank Project ManagerBanking232,900 LSL
Bank Propositions ManagerBanking218,900 LSL
Bank Quantitative AnalystBanking158,700 LSL
Bank Regional ManagerBanking325,600 LSL
Bank Regional Risk OfficerBanking154,700 LSL
Bank Relationship ManagerBanking221,500 LSL
Bank Relationship OfficerBanking103,900 LSL
Bank TellerBanking52,820 LSL
BankerBanking103,900 LSL
Banking Business AnalystBanking159,500 LSL
Banking Business Development OfficerBanking97,060 LSL
Banking Business Planning ExecutiveBanking215,100 LSL
Banking Product ManagerBanking192,000 LSL
Banking Reference Data ManagerBanking172,200 LSL
Banking Risk AnalystBanking154,700 LSL
Banking Technical AnalystBanking83,200 LSL
Bankruptcy CoordinatorBanking107,860 LSL
Bill and Account CollectorBanking51,900 LSL
Budget AnalystBanking159,500 LSL
Capital Risk ManagerBanking283,700 LSL
Cards Marketing ManagerBanking200,000 LSL
Cash Management ManagerBanking273,000 LSL
Check Processing ManagerBanking207,700 LSL
Commercial Vault AssociateBanking151,800 LSL
Corporate BankerBanking114,380 LSL
Corporate DealerBanking164,200 LSL
Credit AnalystBanking117,600 LSL
Credit Card Fraud InvestigatorBanking164,200 LSL
Credit Portfolio ManagerBanking305,600 LSL
Credit Risk AnalystBanking180,300 LSL
Credit Risk AssociateBanking163,800 LSL
Credit and Collections ManagerBanking209,500 LSL
Direct Bank Sales RepresentativeBanking116,180 LSL
Exchange Control ConsultantBanking164,200 LSL
Executive Account AnalystBanking158,700 LSL
Financial Bank Planning ConsultantBanking195,200 LSL
Financial Banking Analysis ManagerBanking228,500 LSL
Financial Banking AssistantBanking73,980 LSL
Financial Banking Systems ManagerBanking217,900 LSL
Fraud AnalystBanking159,400 LSL
Fraud Detection AssociateBanking106,820 LSL
Fraud Detection ManagerBanking243,000 LSL
Fraud Detection SupervisorBanking136,100 LSL
Internal Bank Audit ManagerBanking292,000 LSL
Internal Bank AuditorBanking159,100 LSL
Internal Private BankerBanking114,380 LSL
International Banking ManagerBanking309,800 LSL
Investment Banking AnalystBanking237,400 LSL
Loan AnalystBanking159,100 LSL
Loan Area ManagerBanking192,000 LSL
Loan Audit Team LeaderBanking175,900 LSL
Loan Branch ManagerBanking180,500 LSL
Loan Business Development OfficerBanking97,300 LSL
Loan ClerkBanking51,900 LSL
Loan Collection ManagerBanking185,100 LSL
Loan Collection and Recovery ManagerBanking189,300 LSL
Loan CollectorBanking50,620 LSL
Loan ExaminerBanking72,360 LSL
Loan OfficerBanking61,180 LSL
Loan Processing ManagerBanking161,300 LSL
Loan ProcessorBanking67,320 LSL
Loan Quality Assurance AuditorBanking159,100 LSL
Loan Quality Assurance ManagerBanking180,500 LSL
Loan Quality Assurance RepresentativeBanking123,400 LSL
Loan Review ManagerBanking172,200 LSL
Loan Team LeaderBanking157,600 LSL
Loans ManagerBanking212,500 LSL
Mortgage AdvisorBanking108,080 LSL
Mortgage Collection ManagerBanking187,300 LSL
Mortgage CollectorBanking51,900 LSL
Mortgage Credit AnalystBanking80,340 LSL
Mortgage Credit ManagerBanking172,200 LSL
Mortgage Development ManagerBanking201,100 LSL
Mortgage Document ReviewerBanking69,540 LSL
Mortgage Funding ManagerBanking209,500 LSL
Mortgage Operations ManagerBanking283,400 LSL
Mortgage Payment Processing ClerkBanking59,380 LSL
Mortgage Processing ManagerBanking172,400 LSL
Mortgage ProcessorBanking67,320 LSL
Mortgage Quality Assurance AuditorBanking152,000 LSL
Mortgage Quality Assurance ManagerBanking175,900 LSL
Mortgage Servicing ClerkBanking52,880 LSL
Mortgage Servicing ManagerBanking176,800 LSL
Mortgage UnderwriterBanking66,180 LSL
Online Banking ManagerBanking267,100 LSL
Payment Processing ClerkBanking57,360 LSL
Personal BankerBanking114,380 LSL
Personal Banking Advisor Banking119,700 LSL
Phone BankerBanking75,100 LSL
Private BankerBanking116,180 LSL
Reconciliation and Investigation SpecialistBanking128,900 LSL
Tax OfficerBanking96,600 LSL
TellerBanking50,540 LSL
Trade OfficerBanking62,060 LSL
Trade Product ManagerBanking180,500 LSL
TraderBanking78,940 LSL
Treasury Operations OfficerBanking136,200 LSL

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