Lilangeni definitions
| Word backwards | inegnalil |
|---|---|
| Part of speech | Noun |
| Syllabic division | li-lan-ge-ni |
| Plural | The plural of the word lilangeni is lilangeni. |
| Total letters | 9 |
| Vogais (3) | i,a,e |
| Consonants (3) | l,n,g |
The lilangeni is the currency of Eswatini, which is the country formerly known as Swaziland. It is denoted by the symbol E and the code SZL. The currency is named after King Mswati III's mother, whose name is also Lilandeni.
History of Lilangeni
The lilangeni was introduced in 1974 to replace the South African rand as the official currency of Swaziland. Initially, it was on par with the rand, but due to inflation and economic instability, the value of the lilangeni has fluctuated over the years.
Design of Lilangeni
The lilangeni comes in both banknotes and coins, with the banknotes featuring images of King Mswati III and various cultural symbols of Eswatini. The coins come in denominations of 1, 2, 5, 10, 20, 50 cents, and 1 lilangeni.
Exchange Rate and Stability
The lilangeni is pegged to the South African rand at a 1:1 exchange rate. This peg helps to stabilize the currency and promote economic growth in Eswatini. However, due to external economic factors, the value of the lilangeni can still experience fluctuations.
Despite its close relationship with the South African rand, the lilangeni is used exclusively within Eswatini and cannot be used in South Africa. Travelers visiting Eswatini will need to exchange their currency for lilangeni upon arrival.
Overall, the lilangeni plays a vital role in the economy of Eswatini and is an essential symbol of the country's independence and cultural heritage.
Lilangeni Examples
- The currency of Eswatini is the lilangeni.
- I exchanged my dollars for lilangeni at the bank.
- The price of the item was 50 lilangeni.
- She paid for her meal using a 100 lilangeni note.
- The lilangeni has the same value as the South African rand.
- The lilangeni is divided into 100 cents.
- The lilangeni is issued by the Central Bank of Eswatini.
- Tourists can easily exchange their currency for lilangeni at the airport.
- The lilangeni is commonly used for everyday transactions in Eswatini.
- He received his salary in lilangeni.