Convert Swazi Lilangeni to Mongolian Tugrik
Please provide values below to convert Swazi Lilangeni [SZL] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Swazi Lilangeni.
How to Convert Swazi Lilangeni to Mongolian Tugrik
1 SZL = 0.00494874425336381 MNT
Example: convert 15 SZL to MNT:
15 SZL = 15 × 0.00494874425336381 MNT = 0.0742311638004571 MNT
Swazi Lilangeni to Mongolian Tugrik Conversion Table
Swazi Lilangeni | Mongolian Tugrik |
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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.
Mongolian Tugrik
The Mongolian Tugrik (MNT) is the official currency of Mongolia, used for all monetary transactions within the country.
History/Origin
Introduced in 1925, the Tugrik has undergone various reforms and redenominations, especially after Mongolia's independence from China and during the transition from a socialist economy to a market economy.
Current Use
Today, the Tugrik is widely used in Mongolia for everyday transactions, with banknotes and coins circulating throughout the country. It is also traded in foreign exchange markets.