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Topic: Lilangeni

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	Swaziland to stick with rand link
		The lilangeni has been tied at par to the rand since the introduction of the Swazi unit in 1974.
		Swaziland's external debt increased by 26% in 2001 because of the lilangeni's depreciation, Martin Dlamini, governor of the Central Bank of Swaziland, told Reuters.
		Due to the lilangeni's depreciation, inflation rose from 8.8% in September to 10.8% in December, averaging 7.5% for all of 2001, compared to 7.3% in 2000.
	www.news24.com /News24/AnanziArticle/0,,1518-25_1167128,00.html (402 words)

	Social Security Programs Throughout the World: Africa, 2005 - Swaziland
		The benefit may be paid as a lump sum calculated according to the expected duration of the disability.
		Eligible survivors are an unemployed widow, a disabled widower, and children; a reduced benefit is paid to survivors who were partially dependent on the deceased.
		Funeral grant: A lump sum is paid by the employer to cover the cost of the funeral, up to a maximum of 300 lilangeni.
	www.ssa.gov /policy/docs/progdesc/ssptw/2004-2005/africa/swaziland.html (599 words)

	Lilangeni
		Swaziland issues its own currency, the lilangeni (plural: emalangeni), which is at par with the South African rand.
		"Lilangeni" is generally used as a noun (singular) -- approximately 100.00% of the time.
		"Lilangeni" is used about 2 times out of a sample of 100 million words spoken or written in English.
	www.websters-online-dictionary.org /li/lilangeni.html (298 words)

	SWAZILAND: HIV-positive women's group creates agricultural cooperative (Site not responding. Last check: 2007-11-06)
		The 2003-04 harvest brought in 300 bags of maize: fifty bags were put into storage for emergencies; five bags were given to the neighbourhood care points, where orphans and poor children receive hot meals and rudimentary education; and 10 bags were delivered to child-headed households run by teenagers who had lost parents to AIDS.
		The remaining maize was sold for Lilangeni 24,000 ($3,883), leaving the Swazi chiefs impressed by the women's ability to bring in two consecutive harvests.
		SWAPOL is on the lookout for a new field in the southern town of Hlatikhulu to meet the needs of orphans and people living with HIV/AIDS in the area.
	www.civilizednation.com /news/printer_404.shtml (1009 words)

	Economic report paints gloomy picture (Site not responding. Last check: 2007-11-06)
		This year government will spend Lilangeni 57 million (US $9.3 million) on the LUSIP project, aimed at improving living standards for 2,500 subsistence farmers by providing piped and irrigation water to small landholdings in the drought-prone areas of Swaziland's central and eastern regions.
		Swaziland's currency, the Lilangeni, is linked to the South African rand on a one-to-one basis.
		Economists quoted in the local press have said the linkage was imperiled by government's spending habits, which have been called into question by the International Monetary Fund and other groups, and the resultant mushrooming national deficit.
	www.irinnews.org /print.asp?ReportID=42247 (767 words)

	Swaziland -- Preliminary Conclusions of the 2003 Article IV Consultation Mission
		In an effort to stem the fall in reserves, the limit on domestic government borrowing was raised from E300 million to E1 billion in September.
		Meanwhile, the authorities are strongly advised to avoid public wage increases of the scale seen in the recent past as these, in addition to worsening the public finances, influence private sector wages, raise economy-wide labor costs, and reduce competitiveness.
		The mission supports the pegged exchange rate system of the lilangeni to the rand, in light of the financial discipline that it entails and the close economic integration between Swaziland and South Africa.
	www.imf.org /external/np/ms/2003/100803.htm (4264 words)

	Africa - Coins of Swaziland
		Swaziland’s 1 Lilangeni 1986 - King Mswati III is portrayed on the obverse and his mother Queen Ntombi on the reverse.
		This over similarity of the 1 Lilangeni to the more valuable 1 Pound coin will be why the next issue of 1 Lilangeni coins, dated 1992, saw a change of material from Nickel-Brass to Brass-plated-Steel - similar colour, similar density, but now attracted to a magnet.
		The report was illustrated with obverses of a 1986 1 Lilangeni and a 1997 1 Pound which were shown side by side.
	www.wbcc.fsnet.co.uk /af-swa.htm (698 words)

	Convert Swazi Emalangeni (SZL) and Tunisian Dinars (TND): Currency Exchange Rate Conversion Calculator
		Enter the amount to be converted in the box to the left of the currency and press the "convert" button.
		The symbol for SZL can be written L, and E. The Swazi Lilangeni is divided into 100 cents.
		The Tunisian Dinar is the currency in Tunisia (TN, TUN).
	coinmill.com /SZL_TND.html (383 words)

	Swazi orphans face education crisis (Site not responding. Last check: 2007-11-06)
		The head teachers' association noted that "as heads of schools we feel the ministry owes parents and the general public an explanation on the fact that there may not be enough money to cater for all OVCs".
		Parliament has yet to pass the budget, but the finance minister is free to release the first quarter of the funds, Lilangeni 5 million (US $752,445), at his discretion.
		The school heads had understood that bursary amounts would depend on fees charged by particular schools, which at urban public schools can be twice that of rural schools, and four times as high in private secondary schools.
	www.irinnews.org /pnprint.asp?ReportID=3315 (754 words)

	Bankintroductions.com - SWAZILAND
		At time of review on September 15, 2006, the Swazi lilangeni had an exchange valuation of 7.3815 SZL to the US-dollar (USD) and/or 9.351 SZL to the Euroland euro (EUR).
		Swaziland follows that of a bi-monetary currency system as both the lilangeni and South African rand are accepted as national currency.
		CURRENCY HISTORY: the lilangeni came into circulation as Swaziland’s national currency in 1974 when it was pegged to the South African rand at par (1.0) where it stands today.
	www.bankintroductions.com /swaziland.html (467 words)

	ViewsWire
		Between 2002 and 2004 the rand appreciated some 40% against the US dollar in nominal terms, which led to a 25% real appreciation of the Swazi currency, the lilangeni.
		Exports declined while the value of energy imports rose, resulting in a sharp decline in the country’s foreign reserves from almost two months of import cover to less than five weeks.
		The overvalued lilangeni, high oil prices and the erosion of trade preferences for clothing exports in industrial countries will put continued pressure on both production and the balance of payments.
	www.viewswire.com /index.asp?layout=VWPrintVW3&article_id=730281858&printer=printer (735 words)

	Public Information Notice: IMF Concludes 2002 Article IV Consultation with Swaziland
		The rise in inflation has blunted the impact on competitiveness of a depreciation in the nominal effective exchange rate of the lilangeni, which fell by 5 percent (end-year basis) in 2001, largely reflecting the depreciation vis-à-vis the U.S. dollar of the South African rand (to which the lilangeni is pegged).
		Given the peg of the lilangeni to the rand, and Swaziland's membership in the Common Monetary Area (CMA), the scope for an independent monetary policy is limited.
		Directors noted that membership in the Common Monetary Area, which involved pegging the exchange rate of the lilangeni to the South African rand, continued to serve Swaziland well, given the monetary discipline that it entailed and the close economic integration between Swaziland and South Africa.
	www.imf.org /external/np/sec/pn/2002/pn02137.htm (1744 words)

	SACU :: Swaziland
		Currency: Lilangeni (E) = 100 Cents and pegged one to one to the South African Rand
		Swaziland is a landlocked country situated on the border between South Africa and Mozambique with hilly and mountainous terrain and a tropical to temperate climate.
		Swaziland is part of the Common Monetary Area(CMA) of Southern Africa ; its currency, the Lilangeni is pegged to the South African Rand.
	www.sacu.int /MemberStates/Swaziland/tabid/70/Default.aspx (198 words)

	iafrica.com \| news \| world news Swazi coins trick UK vending machines
		The Swazi lilangeni coin, which is worth about five British pence but has the same size, colour and weight as the British one pound coin, is being used in British parking metres and ticket machines, the British Daily Mail reported on Wednesday.
		British Transport Police urged people to take extra care in checking their change, saying they feared pensioners could mistake them for pound coins, the news service reported.
		The lilangeni coins bear the face of King Mswati III.
	iafrica.com /news/worldnews/185952.htm (178 words)

	Exchange Rate Swaziland Lilangeni - US Dollar, USD to SZL
		This is the Swaziland Lilangeni Exchange Rate Calculator and is used to find currency exchange rates for any amount, not just the Swaziland Lilangeni.
		Every attempt has been made to provide you with accurate Swaziland Lilangeni exchange rates, however, you should verify the accuracy of this US Dollar exchange rate information if your want to be absolutely sure.
		US Dollar to Swaziland Lilangeni Exchange Rate is a free service.
	www.iraqidinar.org /Exchange-Rate-SZL.htm (192 words)

	Record National Debt as Government Spends on Prestige Projects - Social and Economic Policy - Global Policy Forum (Site not responding. Last check: 2007-11-06)
		The deficit represents 6 percent of the country's GDP, about double the size considered healthy for a small economy like Swaziland, the International Monetary Fund (IMF) said in a report released last month.
		Currently in various phases of planning or construction, the projects include a 1.7 billion lilangeni airport in the eastern lowveld, and an international trade fair and amusement park outside Manzini, 35 km east of the capital Mbabane.
		The IMF has criticised the projects as unaffordable in the light of declining tax revenues and foreign investment, and mounting humanitarian needs brought on by AIDS, food shortages and persistent poverty that ensnares about two-thirds of the population.
	www.globalpolicy.org /socecon/inequal/2003/1223swazdebt.htm (652 words)

	Calculator for Swazi Lilangeni (SZL) Currency Exchange Rate Conversion
		To show Swazi Lilangeni and just one other currency click on any other currency.
		View the currency factors, the data sources, the update dates, and smallest currency units
		Conversion factors generally have six significant figures, but some may have as few as three.
	coinmill.com /SZL_calculator.html (314 words)

	Money guide for Swaziland by Hostelbookers
		Most banks and hotels should be prepared to change traveller's cheques, but usually at poor rates of exchange.
		Currency is the lilangeni – plural emalangeni (E) – which is tied to the South African rand (1 rand = 1 lilangeni).
		The rand is legal tender in Swaziland, so you won't have to change any money, but note that emalangeni are not convertible outside Swaziland.
	www.hostelbookers.com /guides/swaziland/money (192 words)

	Welcome to the home page of the Government of Swaziland (Site not responding. Last check: 2007-11-06)
		However, its importance as a food security crop has been realised as a result of changes in the physical and socio-economic environments during the early 1990"s.
		Persistent drought and increases in input prices largely caused by diminishing strength of the Lilangeni of the currency.
		A comprehensive program of Sweet-potato improvement was initiated in 1959 in Swaziland.
	www.gov.sz /home.asp?pid=2126 (559 words)

	Swaziland travel guide - Wikitravel
		English is the official language of business, however the local language SiSwati (also known as Swazi) will be useful talking to some locals.
		The currency of Swaziland, the lilangeni, is tied to the South African rand.
		This is not always the case in South Africa, however, so if you are planning to visit South Africa also, you may prefer to request rand in exchange for lilangeni.
	wikitravel.org /en/Swaziland (997 words)

	World Hunger Notes--Swaziland: corn, the staple food, not profitable for farmers to produce, despite food crisis by IRIN
		According to a crop and food supply assessment by the UN Food and Agriculture Organisation (FAO) and World Food Programme (WFP), the reform of maize pricing was also a factor in Swaziland's inadequate food production.
		However, at Lilangeni 950 (US $143) per metric tonne, the maize price in Swaziland was nearly double the Lilangeni 550 ($82) it cost across the border in South Africa, according to Ngwane Mills, the country's largest miller.
		The agriculture ministry blamed outmoded techniques for farmers' inability to make a profit on maize.
	www.worldhunger.org /articles/05/africa/irin_swaziland.htm (661 words)

	The SA Trade Hub \| Swaziland (Site not responding. Last check: 2007-11-06)
		The country’s merchandise exports grew by 10.9 percent in 2001, despite the general global slowdown experienced during the year.
		The depreciation of the lilangeni and expanding international markets for some products led to a number of local exporters increasing their export volumes and revenues.
		The best performers were soft drink concentrates, sugar and sugar products, textiles and eucalyptus.
	www.satradehub.org /CXA_html/swaziland.html (457 words)

	Fast Facts Swaziland
		Avoid swimming in the freshwater rivers and lakes, parasites are present.
		One American dollar is worth approximately 6 Lilangeni.
		What are the best items to shop for in Swaziland?
	www.friendlyplanet.com /facts/swaziland.html (227 words)

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