Convert Swazi Lilangeni to Swedish Krona
Please provide values below to convert Swazi Lilangeni [SZL] to Swedish Krona [SEK], or Convert Swedish Krona to Swazi Lilangeni.
How to Convert Swazi Lilangeni to Swedish Krona
1 SZL = 1.84054357050805 SEK
Example: convert 15 SZL to SEK:
15 SZL = 15 × 1.84054357050805 SEK = 27.6081535576208 SEK
Swazi Lilangeni to Swedish Krona Conversion Table
Swazi Lilangeni | Swedish Krona |
---|
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.
Swedish Krona
The Swedish Krona (SEK) is the official currency of Sweden, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Swedish Krona was introduced in 1873, replacing the Riksdaler. It was initially pegged to gold and later transitioned to a floating exchange rate system. The currency has undergone various reforms, including decimalization in 1874 and modernization efforts in the 20th and 21st centuries.
Current Use
Today, the Swedish Krona is widely used across Sweden for all financial transactions, including cash, digital payments, and banking, and is recognized as a stable and integral part of the country's economy.