Convert Swedish Krona to Swazi Lilangeni
Please provide values below to convert Swedish Krona [SEK] to Swazi Lilangeni [SZL], or Convert Swazi Lilangeni to Swedish Krona.
How to Convert Swedish Krona to Swazi Lilangeni
1 SEK = 0.543317754615266 SZL
Example: convert 15 SEK to SZL:
15 SEK = 15 × 0.543317754615266 SZL = 8.14976631922899 SZL
Swedish Krona to Swazi Lilangeni Conversion Table
| Swedish Krona | Swazi Lilangeni |
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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.
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.