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US dollar to Swazi lilangeni exchange rate
Find the best USD/SZL exchange rate for 21 Apr 2021.
Refreshing in: 60s | Wed, Apr 21, 12:27PM GMT
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How can I get the best exchange rate between the US dollar and the Swazi lilangeni?
When it comes to exchanges between the US dollar and the Swazi lilangeni, your options are more limited. The Swazi lilangeni is pegged to the South African rand on a 1-to-1 basis and exchanging between those two currencies is far easier.
The most convenient and cheapest option if you’re traveling to Swaziland is to exchange your US dollars to South African rands and spend that instead. South African rands is widely accepted in Swaziland and available from banks and foreign exchange offices both in the US and South Africa.
Don’t forget to check the rates of an online money transfer service, as these generally offer the most competitive exchange rates for swapping US dollars to the Swazi lilangeni or South African rand. When comparing, make sure to look at service fees as well.
|Sub unit symbol:||c|
|Bank notes:||$1, $5, $10, $20, $50, $100|
|Coins:||1c, 5c, 10c, 25c, 50c|
|Currency Symbol:||L , E (pl.)|
|Sub unit symbol:||c|
|Bank notes:||E10, E20, E50, E100, E200|
|Coins:||1c, 2c, 5c, 10c, 20c, 50c, L1, E2, E5|
What affects exchange rates between the US dollar and the Swazi lilangeni?
Since the Swazi lilangeni is pegged to the South African rand at par, you should pay attention to what affects the exchange rate between the US dollar and the rand. As a free floating currency, the exchange rate of the South African rand is determined by the demand for it on the global currency market, where prices change by the second.
Economic growth in South Africa and developments in the mining sector have a big effect on the exchange rate between the rand and the dollar. In particular, prices of commodities like gold and diamonds directly affect the value of the rand compared to the dollar. In most cases, higher gold prices will drive up the value of the rand compared to the dollar — which would directly influence the Swazi lilangeni
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How does the Swazi lilangeni trade against the US dollar historically?
The exchange rate between the US dollar and the Swazi lilangeni has fluctuated quite a bit over the years. During the past 10 years, the lilangeni was as strong as 7.5 per dollar and as weak as 16.5 per dollar. The lilangeni has consistently been losing its value compared to the US dollar.
In 2012, a slump in revenues from the important mining sector contributed to an even lower value for the lilangeni. On top of that, the value of the currency has also suffered from the political situation in South Africa.
Since 2016, we’ve finally seen a strengthening of the lilangeni again compared to the US dollar. This could be due to the comeback of the mining industry and partly because of the lower value of the US dollar compared to other major currencies.
US Dollar to the Swazi Lilangeni for the last 10 days
|Apr 11||Apr 12||Apr 13||Apr 14||Apr 15||Apr 16||Apr 17||Apr 18||Apr 19||Apr 20|
|1 USD =||14.5637 Inverse: 0.0687||14.5980 Inverse: 0.0685||14.6148 Inverse: 0.0684||14.5589 Inverse: 0.0687||14.5589 Inverse: 0.0687||14.3400 Inverse: 0.0697||14.2551 Inverse: 0.0702||14.2609 Inverse: 0.0701||14.2286 Inverse: 0.0703||14.2878 Inverse: 0.0700|
US Dollar to the Swazi Lilangeni for the last 10 months
|Jun 2020||Jul 2020||Aug 2020||Sep 2020||Oct 2020||Nov 2020||Dec 2020||Jan 2021||Feb 2021||Mar 2021|
|1 USD =||17.2900 Inverse: 0.0578||16.6615 Inverse: 0.0600||17.2225 Inverse: 0.0581||16.1642 Inverse: 0.0619||16.4538 Inverse: 0.0608||15.3200 Inverse: 0.0653||14.6309 Inverse: 0.0683||14.9100 Inverse: 0.0671||14.7949 Inverse: 0.0676||14.9262 Inverse: 0.0670|
US Dollar to the Swazi Lilangeni for the last 10 years
|Apr 2011||Apr 2012||Apr 2013||Apr 2014||Apr 2015||Apr 2016||Apr 2017||Apr 2018||Apr 2019||Apr 2020|
|1 USD =||6.7746 Inverse: 0.1476||7.8059 Inverse: 0.1281||9.1858 Inverse: 0.1089||10.5144 Inverse: 0.0951||12.1144 Inverse: 0.0825||14.2436 Inverse: 0.0702||13.2170 Inverse: 0.0757||12.0950 Inverse: 0.0827||14.0400 Inverse: 0.0712||18.7314 Inverse: 0.0534|
Market rate for common transfer amounts USD to SZL
|US Dollars (USD)||Swazi Lilangeni (SZL)|
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