Convert Swazi Lilangeni to Malagasy Ariary
Please provide values below to convert Swazi Lilangeni [SZL] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Swazi Lilangeni.
How to Convert Swazi Lilangeni to Malagasy Ariary
1 SZL = 0.00396694294753479 MGA
Example: convert 15 SZL to MGA:
15 SZL = 15 × 0.00396694294753479 MGA = 0.0595041442130218 MGA
Swazi Lilangeni to Malagasy Ariary Conversion Table
| Swazi Lilangeni | Malagasy Ariary |
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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.
Malagasy Ariary
The Malagasy Ariary (MGA) is the official currency of Madagascar, used for all monetary transactions within the country.
History/Origin
The Ariary was introduced in 1961, replacing the Malagasy franc, and was initially pegged to the French franc. It was revalued in 2005, establishing the current decimal system and modernizing the currency.
Current Use
The MGA is actively used as Madagascar's legal tender, with coins and banknotes circulating throughout the country for everyday transactions and commerce.