Everything about Swazi Lilangeni totally explained
The
lilangeni (plural:
emalangeni,
ISO 4217 code:
SZL) is the currency of
Swaziland and is subdivided into 100 cents. The rand is also accepted in Swaziland and it's issued by the Central Bank of Swaziland (in swazi
Umntsholi Wemaswati). Perhaps unusually, there are singular and plural
abbreviations, namely L and E, so where one might have an amount L1, it would be E2, E3, or E4.
History
It was introduced in 1974 at par with the
South African rand through the
Common Monetary Area, to which it remains tied at a one-to-one exchange rate.
Coins
In 1974, coins for 1, 2, 5, 10, 20 and 50 cents and 1 lilangeni were introduced, with the 1 and 2 cents struck in bronze and the others struck in cupro-nickel. Except for the 1 lilangeni, the coins were not round, with the 1 and 50 cents dodecagonal, the 2 cents square with rounded corners and the 5, 10 and 20 cents scalloped.
The 2 cents was last struck in 1982, whilst, in 1986, round, copper-plated steel 1 cent and nickel-brass 1 lilangeni coins were introduced. These were followed, in 1992, by nickel-plated-steel 5 and 10 cents and nickel-brass-plated-steel 1 lilangeni coins. In 1995, 2 and 5 emalangeni coins were introduced.
Banknotes
In 1974, the Monetary Authority of Swaziland introduced notes in denominations of 1, 2, 5 and 10 emalangeni, with 20 emalangeni notes following in 1978. In 1981, the
Central Bank of Swaziland took over paper money production, first issuing notes commemorating the
Diamond Jubilee of
King Sobhuza II. Between 1892 and 1985, it introduced non-commemorative notes for 2, 5, 10 and 20 emalangeni. 50 emalangeni notes were introduced in 1990. The 2 and 5 emalangeni notes were replaced by coins in 1995, whilst 100 and 200 emalangeni notes were introduced in 1996 and 1998, respectively, with the 200 emalangeni notes commemorating the 30th anniversary of independence.
Further Information
Get more info on 'Swazi Lilangeni'.
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