definition of SZL | The Fx rates Blog

definition of SZL
Posted 13 May, 2009 by Dion Chaney from Russia
thank you for a most exciting site, Master! True, i have seen my share of discretionary analyzing, yet i ran by something i couldn't understand: what is SZL?
FX Master Answers:
thank you for the appreciation, Dion. SZL is The currency abbreviation for the Swaziland lilangeni (SZL), the currency for Swaziland. The Swaziland lilangeni is made up of 100 cents and is often presented with the symbol L or E for emalangeni (plural) in the form L1, E5, E7, etc. The Swaziland lilangeni replaced the South African rand at par in 1974, and has remained at par since. Being at par allows Swaziland to be a member of the Southern African Customs Union (SACU), where import taxes are uniformly applied, and the Common Monetary Area (CMA), in which unrestricted funds movement is permitted.
Go to FX Solutions

Related Questions

question for Ice Master
Posted 12 November, 2009 by Valentina Gracelyn Conner from Liangcheng
my name is Valentina Conner from Liangcheng. I came by something that i didn't get: what does short covering mean?
Read the answer Answered by Ice Master
What is paper profit?
Posted 08 September, 2009 by Kennedy N. Dean from Aizawl
Dear Master, this is a most supreme site! Although i trade forex as a trender, i have a question for Your Masterness regarding a term that i couldn't make out: what does paper profit mean?
Read the answer Answered by FX Master
A simple inquiry on event-linked bond
Posted 21 January, 2010 by Ian L. Norris from Egypt
i'm new at all this forex trading realm, and i have a question to you regarding a term that i don't conceive: what does event-linked bond mean?
Read the answer Answered by Investment Lord

Want to find out more about rate of forex and the best forex? Educate yourself about forex sites like AVA FX or Saxo Bank, for Italiano, Japanese or Deutsch speakers, controlled by CBRC(China), OSC(CA) and CFTC. Find educational tutorials, a customer support line and quick downloads.