Convert Swazi Lilangeni to Israeli New Sheqel
Please provide values below to convert Swazi Lilangeni [SZL] to Israeli New Sheqel [ILS], or Convert Israeli New Sheqel to Swazi Lilangeni.
How to Convert Swazi Lilangeni to Israeli New Sheqel
1 SZL = 5.25162929745889 ILS
Example: convert 15 SZL to ILS:
15 SZL = 15 × 5.25162929745889 ILS = 78.7744394618834 ILS
Swazi Lilangeni to Israeli New Sheqel Conversion Table
Swazi Lilangeni | Israeli New Sheqel |
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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.
Israeli New Sheqel
The Israeli New Sheqel (ILS) is the official currency of Israel, used for everyday transactions and economic activities within the country.
History/Origin
The Israeli New Sheqel was introduced in 1985, replacing the old Sheqel at a rate of 1,000 old Sheqels to 1 New Sheqel, as part of economic reforms to stabilize the Israeli economy.
Current Use
Today, the ILS is widely used in Israel for all financial transactions, including banking, commerce, and government operations, and is also accepted in some Palestinian territories.