Time Period: 1900-1974

Timeline

  • 23.01.1911
  • Ordinance [Swaziland (Coinage) Order, No. 95] on legal tender status of the coins of the United Kingdom and Transvaal; effective 13.02.1912
  • 28.06.1920
  • Ordinance [Swaziland (Coinage) Order] on legal tender status; effective immediately:
    - United Kingdom and Union of South Africa coins
    - South African Reserve Bank paper money
  • 17.12.1931
  • Ordinance [Swaziland Protectorate (Coinage) Order] on legal tender status; effective 15.01.1933 by Proclamation [No. 55]:
    - United Kingdom and Union of South Africa coins
    - South African Reserve Bank paper money
  • 14.02.1961
  • Introduction of the South African Rand (not clear if an explicit proclamation of the South African "Decimal Coinage Act", 1959, has been made)
  • 16.09.1968
  • Law [Currency (Commemorative Coinage) Act, No. 26] on the issuance of collectors' coins in gold and silver; effective 04.10.1968:
    - The silver coins were denominated in "Luhlanga" (= 1 Rand) and Cents, the gold coin in "Lilangeni" (= 25 Rand).


Time Period: 1974-

Currency: Swazi Lilangeni


Timeline

  • 22.03.1974
  • Royal ordinance [Monetary Authority Order] on the establishment of the monetary authority and creation of a distinct currency; effective 01.04.1974
  • 06.09.1974
  • Start of issuance of the new currency; South African paper money and coins remain legal tender:
    - 30.06.1986: Withdrawal of the legal tender status of the South African currency
    - 04.03.2004: Restoration of the legal tender status of the South African currency.
  • 05.12.1974
  • Agreement [Rand Monetary Area Agreement] between South Africa, Botswana, Lesotho, Swaziland to establish a common currency area (Botswana withdrew on 30.11.1976)
  • 18.07.1979
  • Royal ordinance [Central Bank Order] on the transformation of the Monetary Authority into the Central Bank of Swaziland; effective immediately:
    - 31.05.2018: Board resolution on the name change into Central Bank of Ewatini (following the country's name change on 11.05.2018)
  • 01.07.1986
  • Agreement [Common Monetary Area Agreement] between South Africa, Lesotho, Swaziland on the renewal of the common currency area (Namibia joined on 06.02.1992)

Valuation Regimes

  • 1974-
  • Fixed rate against South African Rand

Rate Arrangements

  • 06.09.1974
  • Fixed
  • South African Rand at 1 : 1
  • ±0.0%


End-year Forex Rates (Units per US Dollar)