Swazi Lilangeni Currency | Swaziland | SZL
Swazi lilangeni Currency:
Swazi lilangeni is the official currency of Swaziland. In 1974 it was introduced to replace the South African rand at par through the Common Monetary Area, to which it remains tied at a rate of one-to-one exchange. It is subdivided into 100 cents. Central Bank of Swaziland issued the Lilageni.
Coins in denomination of 1, 2, 5, 10, 20 and 50 cents and 1 lilangeni were introduced in 1974. Coins 1 and 2 cents were struck in bronze and the others were in cupro-nickel. From 2009-2011, new coins were introduced which were of similar sizes to the existing coins but lighter due to the changed metal composition. In February 2016, a new series of coins was introduced and all previous coins were withdrawn and banned. The new coins have similar designs to the previous coins, but with slightly different sizes and weights. Currently circulating coins are 10, 20, 50 cents, L1, E2, E5.
The Monetary Authority of Swaziland introduced bank notes on 6 September 1974 in the denominations of 1 lilangeni, 2, 5 and 10 emalangeni. In 1978, 20 emalangeni notes were introduced. Between 1982 and 1985, it introduced non-commemorative notes for E2, E5, E10, and E20. In 1990, The 50 emalangeni notes were introduced. In 1995, The E2 and E5 notes were replaced by coins. 100 and 200 emalangeni notes were introduced in 1996 and 1998, respectively and E200 notes issued to celebrating the 30th anniversary of independence. Central Bank of Swaziland issued 100 and 200 emalangeni notes on September 5, 2008, to reminisce the 40th birthday of King Mswati III and the 40th anniversary of independence. With enhanced features the Central Bank of Swaziland has issued a new series of banknotes on November 1, 2010.
Swazi Lilangeni (Swaziland):
Symbol: L or E (pl.)
1/100 = cent
E10, E20, E50, E100, E200
10, 20, 50 cents, L1, E2, E5
Central Bank of Swaziland