Convert Malaysian Ringgit to Swazi Lilangeni
Please provide values below to convert Malaysian Ringgit [MYR] to Swazi Lilangeni [SZL], or Convert Swazi Lilangeni to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Swazi Lilangeni
1 MYR = 0.240876203270962 SZL
Example: convert 15 MYR to SZL:
15 MYR = 15 × 0.240876203270962 SZL = 3.61314304906442 SZL
Malaysian Ringgit to Swazi Lilangeni Conversion Table
| Malaysian Ringgit | Swazi Lilangeni |
|---|
Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.
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.