Convert New Zealand Dollar to Swazi Lilangeni
Please provide values below to convert New Zealand Dollar [NZD] to Swazi Lilangeni [SZL], or Convert Swazi Lilangeni to New Zealand Dollar.
How to Convert New Zealand Dollar to Swazi Lilangeni
1 NZD = 0.0950093073827184 SZL
Example: convert 15 NZD to SZL:
15 NZD = 15 × 0.0950093073827184 SZL = 1.42513961074078 SZL
New Zealand Dollar to Swazi Lilangeni Conversion Table
| New Zealand Dollar | Swazi Lilangeni |
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
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.