SZL to BOB

SZL - Swazi Lilangeni (E)
BOB - Bolivian Boliviano (Bs)
1 SZL1 BOB

Currency conversion rates from SZL to BOB

SZLBOB
1 SZL1 BOB
5 SZL5 BOB
10 SZL10 BOB
20 SZL20 BOB
50 SZL50 BOB
100 SZL100 BOB
250 SZL250 BOB
500 SZL500 BOB
1000 SZL1000 BOB
2000 SZL2000 BOB
5000 SZL5000 BOB
10000 SZL10000 BOB
BOBSZL
1 BOB1 SZL
5 BOB5 SZL
10 BOB10 SZL
20 BOB20 SZL
50 BOB50 SZL
100 BOB100 SZL
250 BOB250 SZL
500 BOB500 SZL
1000 BOB1000 SZL
2000 BOB2000 SZL
5000 BOB5000 SZL
10000 BOB10000 SZL

BOB - Bolivian Boliviano (BOB)

Bolivian Boliviano

The official currency of Bolivia is the Bolivian Boliviano (BOB). The symbol used for the Boliviano is Bs. The Boliviano is subdivided in 100 centavos. The same name was used for the currency from 1864 to 1963. There were two Boliviano series additions before the new Boliviano was introduced.

The Bolivian Boliviano is the currency in Bolivia (BO, BOL). The symbol for BOB can be written Bs. The Bolivian Boliviano is divided into 100 centavos. The exchange rate for the Bolivian Boliviano was last updated on May 24, 2019 from Yahoo Finance. The BOB conversion factor has 3 significant digits.

Economy

  • The economy of Bolivia fluctuates and has had periods of diversification.
  • Bolivia’s agricultural sector needs to be modernized.
  • Due to the slow population growth, industries in Bolivia have been growing at a slow pace.
  • The mining industry in Bolivia accounts for a large part of the export products.
  • Bolivia relies on the service industry, which accounts for 52% of the total GDP.
  • Unemployment is estimated at 8.3%.
  • The natural gas reserve of Bolivia is the second largest in South America.
  • Export products are zinc, tin, cocaine, ore, soy products, natural gas, and soybeans.
  • Import products are aircraft, automobiles, plastics, insecticides, petroleum products, and soybeans.
  • There are no foreign investment restrictions in Bolivia.
  • In the last few years Bolivia’s economy has been improving steadily.

History

  • In 1864 the first Boliviano was launched. The currency before the Boliviano was the Scudo.
  • Originally the currency was subdivided into centecimos; these were changed to centavos in 1870.
  • Initially the boliviano was pegged to the French Franc at a rate of 5 French Francs = 1 Boliviano.
  • The Boliviano became part of the gold standard in 1908.
  • In 1940 Bolivia accepted multiple exchange rates with the US Dollar.
  • In 1963 the Boliviano was replaced with the Peso Boliviano.
  • In 1987 the new Boliviano replaced the Reso Boliviano.

More information about BOB - Bolivian Boliviano (BOB)


SZL - Swazi Lilangeni (SZL)

Swazi Lilangeni

The Swaziland Lilangeni is the official currency of Swaziland and is subdivided into 100 cents. The Lilageni is produced by the Central Bank of Swaziland. In 1974, coins of 1, 2, 5, 10, 20 and 50 cents and 1 Lilangeni were issued; the 1 and 2 cent coins were struck in bronze and the others in cupro-nickel.

The Swazi Lilangeni is the currency in Swaziland (SZ, SWZ). The symbol for SZL can be written L, and E. The Swazi Lilangeni is divided into 100 cents. The exchange rate for the Swazi Lilangeni was last updated on May 24, 2019 from Yahoo Finance. The SZL conversion factor has 5 significant digits.

Economy

  • After growing by 3% from 2004 to 2008, the economy in the Swaziland slipped significantly in 2009, primarily due to the effect of the global economic downturn on export-oriented sectors, in particular textiles and wood pulp.
  • Other important factors were ongoing drought and low levels of foreign direct investment (FDI). In 2010, the economy recovered slightly due to a rebound in global demand for sugar and textiles.
  • However, falling receipts from the Southern African Customs Union (SACU) coupled with lower internal revenues limited the government’s ability to implement counter-cyclical measures.
  • In order to control the economic conditions of the previous year, lower interest rates were maintained, similarly to South Africa.

History

  • The Lilangeni was introduced in 1974 to compete with the South-African rand through the Common Monetary Area, to which it remains tied at a one-to-one exchange rate.
  • According to tradition, the present Swazi nation moved south before the 16th century to an area now called Mozambique.
  • After a series of wars with people living in the area of modern Maputo, the Swazis settled in northern Zululand in 1750.

More information about SZL - Swazi Lilangeni (SZL)