Convert Swazi Lilangeni to Philippine Peso
Please provide values below to convert Swazi Lilangeni [SZL] to Philippine Peso [PHP], or Convert Philippine Peso to Swazi Lilangeni.
How to Convert Swazi Lilangeni to Philippine Peso
1 SZL = 0.308500007902737 PHP
Example: convert 15 SZL to PHP:
15 SZL = 15 × 0.308500007902737 PHP = 4.62750011854105 PHP
Swazi Lilangeni to Philippine Peso Conversion Table
| Swazi Lilangeni | Philippine 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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.