EUR/SZL
Market Open
12 Jun, 11:19
L
19. 04
+0.194
+1.0296%
L
1 Volume
L 18.843
Previous Close Want to track EURSZL and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
EURSZL Overview
EURSZL denotes the exchange rate between the Euro and the Swazi Lilangeni, expressing how many Lilangeni are required to buy one Euro. It tracks the relative value of the euro when quoted against Eswatini’s national currency in foreign-exchange markets.
As the single currency of the euro area, the Euro (EUR) serves as legal tender across the member states that have adopted it and is used extensively for international trade and finance. Its issuance and monetary policy are managed by the European Central Bank (ECB) and the broader Eurosystem.
The Swazi Lilangeni (SZL) is the official currency of the Kingdom of Eswatini in Southern Africa and is issued by the Central Bank of Eswatini. The Lilangeni facilitates domestic commerce and cross-border transactions in the region, and its value reflects the country’s economic conditions.
Movements in the EURSZL rate are driven by supply and demand dynamics in FX markets and influenced by interest-rate differentials, inflation trends, fiscal and monetary policy decisions, trade balances and broader geopolitical developments. Market sentiment and commodity-price shifts can also materially affect pricing.
For businesses and investors, EURSZL is relevant for import/export pricing, remittances and hedging currency exposure, while traders may engage the pair for speculation on relative economic performance between the euro area and Eswatini.
As the single currency of the euro area, the Euro (EUR) serves as legal tender across the member states that have adopted it and is used extensively for international trade and finance. Its issuance and monetary policy are managed by the European Central Bank (ECB) and the broader Eurosystem.
The Swazi Lilangeni (SZL) is the official currency of the Kingdom of Eswatini in Southern Africa and is issued by the Central Bank of Eswatini. The Lilangeni facilitates domestic commerce and cross-border transactions in the region, and its value reflects the country’s economic conditions.
Movements in the EURSZL rate are driven by supply and demand dynamics in FX markets and influenced by interest-rate differentials, inflation trends, fiscal and monetary policy decisions, trade balances and broader geopolitical developments. Market sentiment and commodity-price shifts can also materially affect pricing.
For businesses and investors, EURSZL is relevant for import/export pricing, remittances and hedging currency exposure, while traders may engage the pair for speculation on relative economic performance between the euro area and Eswatini.
EURSZL Chart
EURSZL FAQ
What is the current EUR/SZL price?
The current rate is L19.037000, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the EUR/SZL rate changed today?
The rate has changed by +0.194 (+1.0296%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was L18.843000, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is EUR/SZL moving up or down?
Movements in EUR/SZL are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+1.0296%) is based on the difference between the current rate and the previous closing rate.
Is EUR/SZL trending up or down right now?
If the current rate (L19.037000) is above the previous close (L18.843000), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for EUR/SZL directly on this page.
