Convert Swazi Lilangeni to Mexican Peso
Please provide values below to convert Swazi Lilangeni [SZL] to Mexican Peso [MXN], or Convert Mexican Peso to Swazi Lilangeni.
How to Convert Swazi Lilangeni to Mexican Peso
1 SZL = 0.942207227985111 MXN
Example: convert 15 SZL to MXN:
15 SZL = 15 × 0.942207227985111 MXN = 14.1331084197767 MXN
Swazi Lilangeni to Mexican Peso Conversion Table
Swazi Lilangeni | Mexican Peso |
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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.
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.