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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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SZLSwazi Lilangeni

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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

Support & Resources

Common Questions About Swazi Lilangeni

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

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