Swazi Lilangeni (SZL)
The Swazi lilangeni is Eswatini's official currency and the unit used for domestic prices and payments. The Central Bank of Eswatini issues the currency within the Common Monetary Area relationship with South Africa. SZL is the ISO code used in international exchange-rate records. The singular form is lilangeni and the plural is emalangeni; one lilangeni is divided into 100 cents. The former country name Swaziland still appears in historical references, but current currency pages should distinguish the country as Eswatini.
- ISO code
- SZL
- Symbol
- E
- Region
- Africa
- Currency type
- Fiat currency
- Exchange system
- Fixed one-to-one relationship with the South African rand within the Common Monetary Area
- Last reviewed
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Quick facts
SZL at a glance
Currency profile
How SZL works
The Swazi lilangeni is Eswatini's official currency and the unit used for domestic prices and payments. The Central Bank of Eswatini issues the currency within the Common Monetary Area relationship with South Africa. SZL is the ISO code used in international exchange-rate records. The singular form is lilangeni and the plural is emalangeni; one lilangeni is divided into 100 cents. The former country name Swaziland still appears in historical references, but current currency pages should distinguish the country as Eswatini.
Central Bank of Eswatini administers SZL within a fixed one-to-one relationship with the south african rand within the common monetary area system.
- The lilangeni was introduced in 1974 as Eswatini's national currency.
- The reviewed cash profile records SZL 10, SZL 20, SZL 50, SZL 100, SZL 200 for banknotes and SZL 1, 2, 5, 10, 20 and 50 cents, SZL 1, 2 and 5 for coins.
Context
Why this currency matters
The lilangeni is maintained at one-to-one parity with the South African rand under the Common Monetary Area. That link explains the close relationship between SZL and ZAR while allowing cross-rates against USD, EUR and GBP to change with the rand and dollar. The central bank publishes current notes and coins for Eswatini. A conversion page should keep the singular/plural language, code, parity and rate date together, particularly when a merchant accepts multiple regional currencies or when historical documents use the former country name. The lilangeni and emalangeni forms also clarify why English descriptions should preserve the correct singular and plural rather than use a generic dollar label.
Monetary framework
Exchange arrangement
Swazi Lilangeni operates under the reviewed fixed one-to-one relationship with the south african rand within the common monetary area arrangement, with South African rand.
CurrencyHub shows daily reference rates. Banks, card networks, ATMs and transfer providers may apply different exchange rates, fees or spreads.
History timeline
Key dates for SZL
Lilangeni introduced
Eswatini introduced its national currency alongside the rand-based regional system.
Central Bank of EswatiniCommon Monetary Area framework
Eswatini joined the modern regional monetary arrangement linking the lilangeni at parity with ZAR.
Central Bank of EswatiniCountry name changed
The country's English name changed from Swaziland to Eswatini while the SZL code remained in use.
Central Bank of Eswatini
Usage and economy
How SZL is used
- SZL is used for prices, wages, taxes and government accounts in Eswatini.
- South African rand notes also circulate, so parity and the separate SZL issuer matter in payment records.
Banknotes and coins
SZL currency units
The issuing authority documents the reviewed SZL banknote denominations used in the current cash system.
The issuing authority documents the circulation coin system for SZL.
One Swazi Lilangeni unit is recorded with 2 decimal places and uses Cent as its minor unit.
Related currencies
Currency relationships
Explore currencies connected through regional use, trade comparisons or monetary relationships.
FAQ
SZL questions
Is SZL equal to ZAR?
The lilangeni is maintained at one-to-one parity with the South African rand within the Common Monetary Area.
Why do some records say Swaziland?
Swaziland changed its official name to Eswatini in 2018. Historical currency references may still use the former name.
What changed for SZL in 1974?
Eswatini introduced its national currency alongside the rand-based regional system.
Sources
Data and editorial review
Rate source: Frankfurter
Last reviewed:
Currency identity and cash information is checked against central-bank, government, ISO and official international sources.