UYU to SZL
Currency conversion rates from UYU to SZL
|1 UYU||1 SZL|
|5 UYU||5 SZL|
|10 UYU||10 SZL|
|20 UYU||20 SZL|
|50 UYU||50 SZL|
|100 UYU||100 SZL|
|250 UYU||250 SZL|
|500 UYU||500 SZL|
|1000 UYU||1000 SZL|
|2000 UYU||2000 SZL|
|5000 UYU||5000 SZL|
|10000 UYU||10000 SZL|
|1 SZL||1 UYU|
|5 SZL||5 UYU|
|10 SZL||10 UYU|
|20 SZL||20 UYU|
|50 SZL||50 UYU|
|100 SZL||100 UYU|
|250 SZL||250 UYU|
|500 SZL||500 UYU|
|1000 SZL||1000 UYU|
|2000 SZL||2000 UYU|
|5000 SZL||5000 UYU|
|10000 SZL||10000 UYU|
SZL - Swazi Lilangeni (SZL)
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.
- 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.
- 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.
UYU - Uruguayan Peso ($U)
The Uruguayan Peso is the official currency of Uruguay. The name has been in use since the European settlement. The present currency was adopted in 1993 and is subdivided into 100 centésimos.
The Uruguayan peso is the currency in Uruguay (UY, URY). The symbol for UYU can be written $U. The Uruguayan peso is divided into 100 centesimos. The exchange rate for the Uruguayan peso was last updated on May 22, 2019 from The International Monetary Fund. The UYU conversion factor has 6 significant digits.
- The economy of Uruguay is characterized by an export-oriented agricultural sector, a well-educated work force, and high levels of social spending.
- In 1603, cattle were introduced in Uruguay before its independence by Hernando Arias de Saveedra, the Spanish Governor of Buenos Aires. In 2006, beef accounted for about 37% of Uruguayan exports.
- Wool is a traditional product exported mainly to America, followed by the UK and India.
- Conaprole, the National Cooperative of Milk Producers, was the main exporter of dairy products in Latin America in 2006.
- Fine varieties of rice are produced in the eastern lowlands, close to Merin lake on the Uruguay-Brazil border.
- In 1828, Uruguay's currency was based on the silver Peso of eight reales, commonly known as the Patacon, and the gold onza de oro, valued at 16 pesos silver. A large quantity of debased copper coin also circulated.
- In October, 1828, lacking the means to implement a national coinage, Gen. Jose Rondeau’s provisional government permitted foreign silver and gold coin to circulate freely at their intrinsic value, but restricted and later (1829) prohibited the importing of copper coins and the circulation of Buenos Aires banknotes.
- A key characteristic of the currency is its instability, which increased in the spring of 2002.
- Uruguayans have become accustomed to the constant devaluation and instability of their currency, and have developed a fitting lingo – calling periods of Dollar appreciation atraso cambiario ("the exchange rate is running late").