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SZL flagSwazi Lilangeni
(SZL) Insights

Currency of small Southern African absolute monarchy; sugar, soft drink concentrate (Coca-Cola ingredients), and textiles exporter; South Africa dominates trade (90%+ of imports); CMA member; King Mswati III rules; HIV/AIDS highest rate globally

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Currency Snapshot

Technical specifications, central bank governance, and market standing for Swazi Lilangeni.

ISO Code

SZL

Standardized ISO 4217 Currency Code

Symbol

L

Unicode Glyphs & Display Symbol

Minor Unit

1/100 = Cent Decimals

Subdivision unit definition

Region

Eswatini

SZL Primary AreaGlobal Trade
Central Bank

Central Bank of Eswatini (CBE)

Central Bank of Eswatini (CBE)

Pegged Currency

South African Rand (ZAR)

Market-determined exchange rate mechanism

Currency Standard: Fiat (ZAR-pegged at 1:1)

Classified as Fiat (ZAR-pegged at 1:1) in global trade networks

Banknotes

L 10

Coins

5c

Global Network Integration

The FX Intelligence terminal maps the institutional footprint of the Swazi Lilangeni, highlighting cross-border utilization and primary trading corridors.

Fiat (ZAR-pegged at 1:1)
Classification
ZAR/SZL (1:1)
Top Pair Mapping
Eswatini (formerly Swaziland); South African Rand accepted at par
Main Adoption Regions
Swazi Lilangeni Trading Terminal

Verified Authority

Regulated data streams mapped to Central Bank of Eswatini (CBE).

SZL Market Insights

Deep-dive analysis of the Swazi Lilangeni's global impact, remittance role, and institutional influence.

Strong Currency Impact

Strong Currency Impact

N/A (ZAR-pegged); cheaper imports; lower sugar and textile revenues when ZAR weakens

Weak Currency Impact

Weak Currency Impact

N/A (ZAR-pegged); higher sugar and textile revenues; import costs linked to ZAR

Remittance Role

Remittance Role

Eswatini receives modest remittances from workers in South Africa; informal cross-border trade significant

Central Bank Tools

Central Bank Tools

Peg mechanism (automatic), Reserve Requirements, Banking supervision

Common Questions About Swazi Lilangeni

Everything you need to know about SZL exchange rates, banknotes, and historical significance.

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