Convert Moroccan Dirham to Swazi Lilangeni
Please provide values below to convert Moroccan Dirham [MAD] to Swazi Lilangeni [SZL], or Convert Swazi Lilangeni to Moroccan Dirham.
How to Convert Moroccan Dirham to Swazi Lilangeni
1 MAD = 0.512805478547479 SZL
Example: convert 15 MAD to SZL:
15 MAD = 15 × 0.512805478547479 SZL = 7.69208217821219 SZL
Moroccan Dirham to Swazi Lilangeni Conversion Table
| Moroccan Dirham | Swazi Lilangeni |
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Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.
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.