SZL to BWP

SZL - Swazi Lilangeni (E)
BWP - Botswanan Pula (P)
1 SZL1 BWP

Currency conversion rates from SZL to BWP

SZLBWP
1 SZL1 BWP
5 SZL5 BWP
10 SZL10 BWP
20 SZL20 BWP
50 SZL50 BWP
100 SZL100 BWP
250 SZL250 BWP
500 SZL500 BWP
1000 SZL1000 BWP
2000 SZL2000 BWP
5000 SZL5000 BWP
10000 SZL10000 BWP
BWPSZL
1 BWP1 SZL
5 BWP5 SZL
10 BWP10 SZL
20 BWP20 SZL
50 BWP50 SZL
100 BWP100 SZL
250 BWP250 SZL
500 BWP500 SZL
1000 BWP1000 SZL
2000 BWP2000 SZL
5000 BWP5000 SZL
10000 BWP10000 SZL

BWP - Botswanan Pula (BWP)

Botswanan Pula

The official currency of Botswana is the Botswana Pula (BWP). The Pula is divided into 100 thebe. The symbol for the Pula is P. The Pula is rated as one of the strongest currencies in Africa.

The Botswana Pula is the currency in Botswana (BW, BWA). The symbol for BWP can be written P. The Botswana Pula is divided into 100 thebe. The exchange rate for the Botswana Pula was last updated on Today from The International Monetary Fund. The BWP conversion factor has 6 significant digits.

Economy

  • From 1966 to 1999 Botswana had the highest growth rate in the world. The estimated growth rate during that time period was 9%.
  • Botswana has been maintaining budget surpluses and they have a large foreign exchange reserve.
  • The mining industry plays an important part in the economic growth and accounts for 36% of the GDP.
  • Agriculture in the country is low and accounts for only 1% of the total GDP.
  • Top industries are textiles, salt, diamonds, soda ash, nickel, potash, livestock processing, and copper.
  • Export products are soda ash, textiles, meat, copper, diamonds, and nickel.
  • The top export product of Botswana is diamonds.
  • Import products are electrical goods, textiles, paper products, wood, petroleum and fuel products, machinery, and foodstuffs.
  • Unemployment is estimated at 7%.
  • Botswana’s military expenditures are considered high and are criticized by the international market.
  • 70% of the country’s electricity is imported from South Africa.

History

  • In 1976, the Pula was introduced to replace the South African Rand. Banknotes were printed in denominations of 10, 5, 2, and 1 Pula.
  • In 1978, the first 20-pula note was introduced.
  • From 1991 to 1994, the 1-pula banknotes and 2-pula banknotes were replaced by coins.
  • In 2000, the 5-pula banknote was replaced with a coin. The original banknotes were discontinued and are no longer part of the currency.
  • In 2009, the latest Pula notes were introduced and the first 200-pula note was introduced.

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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)