Central Bank of Eswatini

On 22nd March 1974, King Sobhuza II established The Monetary Authority of Swaziland (Eswatini), through The Monetary Authority of Swaziland (Eswatini) Order of 1974. On 1st April 1974, the Bank officially began its operations. On 18th July 1979, the Order-in-Council was amended, replacing The Monetary Authority of Swaziland with The Central Bank of Swaziland. The Bank then assumed more responsibility, becoming banker to Government and commercial banks, managing reserves, administering exchange controls, collecting statistics on the economy and becoming permanent advisor to Government.

All datasets: E
  • E
    • Exchange Rate of Swazi Lilangeni versus Major Currencies
      मार्च 2024
      Source: Central Bank of Eswatini
      Uploaded by: Knoema
      Accessed On: 19 मार्च, 2024
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      Going forward, the Rand is expected to remain under pressure as the uncertainty regarding the recovery of global and regional economic activity, constrained by the pandemic crisis, mounts. The uncertainty of the crisis has thrown global financial assets markets into high volatility and deep emerging market currency sell-off. With the South African economy coming from a slightly unsustainable fiscal position and constrained by poor economic performance already projected on the downside in the medium term due to the coronavirus,  investor sentiments, especially to the Rand, may weaken further. The local unit ended April 2020 at E18.13 to the US Dollar, E22.59 to the Pound Sterling and E19.70 to the Euro.