Convert Swazi Lilangeni to Cuban Peso
Please provide values below to convert Swazi Lilangeni [SZL] to Cuban Peso [CUP], or Convert Cuban Peso to Swazi Lilangeni.
How to Convert Swazi Lilangeni to Cuban Peso
1 SZL = 0.731945833333333 CUP
Example: convert 15 SZL to CUP:
15 SZL = 15 × 0.731945833333333 CUP = 10.9791875 CUP
Swazi Lilangeni to Cuban Peso Conversion Table
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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.
Cuban Peso
The Cuban Peso (CUP) is the official currency of Cuba, used for everyday transactions within the country.
History/Origin
The Cuban Peso has been the official currency of Cuba since 1960, replacing the Cuban peso convertible (CUC) as the primary currency after the monetary reforms. It has undergone various changes in value and design over the years, reflecting Cuba's economic policies and relations.
Current Use
Today, the Cuban Peso is used mainly for domestic transactions, while the CUC is used for tourism and foreign trade. The CUP remains an essential part of Cuba's monetary system, with recent reforms aiming to unify the currency system.