Convert Swazi Lilangeni to Chinese Yuan
Please provide values below to convert Swazi Lilangeni [SZL] to Chinese Yuan [CNY], or Convert Chinese Yuan to Swazi Lilangeni.
How to Convert Swazi Lilangeni to Chinese Yuan
1 SZL = 2.448695967326 CNY
Example: convert 15 SZL to CNY:
15 SZL = 15 × 2.448695967326 CNY = 36.73043950989 CNY
Swazi Lilangeni to Chinese Yuan Conversion Table
Swazi Lilangeni | Chinese Yuan |
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Swazi Lilangeni
The Swazi Lilangeni (SZL) is the official currency of Eswatini, subdivided into 100 cents.
History/Origin
The Lilangeni was introduced in 1974, replacing the Swazi pound, to modernize the currency system and align with regional monetary standards.
Current Use
The SZL is actively used for all financial transactions within Eswatini and is pegged to the South African Rand at par, facilitating regional trade and stability.
Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).