LILANGENI Meaning and
Definition
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The term "lilangeni" refers to the currency of eSwatini, a landlocked country located in Southern Africa. It is denoted by the symbol "E" and is sub-divided into 100 cents. The lilangeni was introduced in 1974, replacing the South African rand as the official currency of eSwatini (previously known as Swaziland).
The name "lilangeni" is derived from the word "emalangeni," which means "money" or "currency" in the Swazi language. The lilangeni is issued and regulated by the Central Bank of eSwatini.
In circulation, the lilangeni is available in both banknotes and coins. Banknotes come in denominations of E10, E20, E50, E100, and E200, depicting various iconic images and cultural symbols of eSwatini. Coins are available in denominations of 1, 2, 5, 10, 20, and 50 cents, as well as E1 and E2.
The exchange rate of the lilangeni fluctuates against major international currencies, primarily the US dollar and the South African rand. It is used for various domestic transactions within eSwatini, including purchasing goods and services, as well as for international trade.
As with any currency, the value of the lilangeni is subject to economic factors such as inflation, interest rates, and international exchange rates.
Common Misspellings for LILANGENI
- kilangeni
- pilangeni
- oilangeni
- lulangeni
- ljlangeni
- lklangeni
- lolangeni
- l9langeni
- l8langeni
- likangeni
- lipangeni
- lioangeni
- lilzngeni
- lilsngeni
- lilwngeni
- lilqngeni
- lilabgeni
- lilamgeni
- lilajgeni
Etymology of LILANGENI
The word "lilangeni" is the currency of Eswatini, formerly known as Swaziland. It is named after King Sobhuza II, whose birth name was Makhosetive, meaning "God-given". "Lilangeni" is derived from the honorific name given to him at his coronation, "Lion of Ngwenyama", which translates to "Kings of Lions" in English. The currency was introduced in 1974 when Eswatini adopted its own monetary system, replacing the South African rand.
Similar spelling words for LILANGENI
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