Convert Swazi Lilangeni to Mozambican Metical
Please provide values below to convert Swazi Lilangeni [SZL] to Mozambican Metical [MZN], or Convert Mozambican Metical to Swazi Lilangeni.
How to Convert Swazi Lilangeni to Mozambican Metical
1 SZL = 0.276109162982162 MZN
Example: convert 15 SZL to MZN:
15 SZL = 15 × 0.276109162982162 MZN = 4.14163744473243 MZN
Swazi Lilangeni to Mozambican Metical Conversion Table
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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.
Mozambican Metical
The Mozambican Metical (MZN) is the official currency of Mozambique, used for all monetary transactions within the country.
History/Origin
The Metical was introduced in 1980, replacing the Mozambique Escudo, to stabilize the economy and modernize the monetary system. It has undergone several redenominations and reforms since its inception.
Current Use
The Metical is actively used as Mozambique's primary currency for everyday transactions, banking, and trade. It is issued and regulated by the Bank of Mozambique.