Convert Swazi Lilangeni to Tanzanian Shilling
Please provide values below to convert Swazi Lilangeni [SZL] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Swazi Lilangeni.
How to Convert Swazi Lilangeni to Tanzanian Shilling
1 SZL = 0.00683496949482382 TZS
Example: convert 15 SZL to TZS:
15 SZL = 15 × 0.00683496949482382 TZS = 0.102524542422357 TZS
Swazi Lilangeni to Tanzanian Shilling Conversion Table
Swazi Lilangeni | Tanzanian Shilling |
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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.
Tanzanian Shilling
The Tanzanian Shilling (TZS) is the official currency of Tanzania, used for everyday transactions within the country.
History/Origin
Introduced in 1966, replacing the East African Shilling, the Tanzanian Shilling has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Tanzanian Shilling is widely used in Tanzania for all forms of financial transactions, including cash payments, banking, and trade, and is managed by the Bank of Tanzania.