Converting from Swaziland Lilageni (SZL) to Saudi Arabian Riyal (SAR)

What is Swaziland Lilageni (SZL)

The Swaziland Lilageni (SZL) is the official currency of Eswatini, formerly known as Swaziland. Introduced in 1974, the Lilageni is abbreviated as "SZL" and is subdivided into 100 cents. The currency is named after the local word "lilageni," which means "small one." The Lilageni was established to replace the South African Rand and is pegged at par with it, meaning that one Lilageni is equivalent to one South African Rand (ZAR).

The Lilageni is an important part of the Swazi economy and is used in daily transactions across the country. Banknotes come in denominations of 20, 50, 100, and 200 Lilageni, while coins are available in 1, 2, 5, 10, and various cent values. The Swazi Central Bank, responsible for issuing and managing the currency, aims to maintain economic stability and a punctual currency supply. The Lilageni reflects the culture and heritage of Eswatini, with imagery showcasing local wildlife, landscapes, and historical figures.

What is Saudi Arabian Riyal (SAR)

The Saudi Arabian Riyal (SAR) is the official currency of the Kingdom of Saudi Arabia. The Riyal has been in use since the 1920s and is abbreviated as "SAR." It is subdivided into 100 halalas. The currency is named after the Arabic word "riyāl," which originally indicates a type of silver coin that was in circulation in the region.

The Saudi Arabian Riyal is an essential component of the Saudi economy, which is one of the largest in the Middle East. The Riyal is also pegged to the US dollar (USD), with a fixed exchange rate of approximately 3.75 SAR to one USD. This peg helps stabilize the economy and the currency itself, making it easier for foreign investments and trade.

Banknotes are available in denominations of 1, 5, 10, 20, 50, 100, and 500 Riyals, showcasing important figures and landmarks related to Saudi heritage and history. Coins include values of 5, 10, 25, 50 halalas, and 1 Riyal. The Saudi Arabian Monetary Authority (SAMA) oversees the country's financial system and the issuing of currency, ensuring economic stability and public confidence in the Riyal.

Currency Conversion

When converting from Swaziland Lilageni (SZL) to Saudi Arabian Riyal (SAR), it's essential to check the current exchange rates, as they fluctuate regularly in the global market. You can find live rates using finance apps, local banks, or financial websites.

To convert currency, you can use the formula:

Amount in SAR = Amount in SZL × Current Exchange Rate (SZL to SAR)

Understanding these two currencies is crucial for travelers and businesses dealing with both Eswatini and Saudi Arabia.