Mauritian Rupee in Swazi Langeni

MUR Mauritian Rupee

Country of application:
Mauritius

Coin denominations in circulation:
1, 5, 20 cents 0.5, 1, 5, 10, 20 rupees

Denominations of banknotes in circulation:
25, 50, 100, 200, 500, 1000, 2000 rupees

History reference:
The Mauritian rupee is the national currency of the Republic of Mauritius. The territory of Mauritius covers the islands of Mauritius, Rodrigues, Agalega and the Cargados-Carajos archipelago, which a...re about 900 kilometers away to the east from the coast of the island of Madagascar. In addition, Mauritius lays claim to a number of islands and archipelagos in the Indian Ocean, which belong to Great Britain and France. Among them, it is worth noting the Chagos archipelago and Tromelin Island (condominium with France). During the colonial period of the existence of Mauritius, the Indian rupee was used as the main means of payment. In 1877, the British colonial authorities introduced the Mauritian rupee, which was divided into pence and shillings. In 1968, the Bank of Mauritius carried out a monetary reform and replaced the old banknotes with new ones. Further inflation processes led to the fact that the Bank of Mauritius was forced to issue banknotes of higher denominations.

SZL Swazi Langeni

Country of application:
Eswatini

Coin denominations in circulation:
5, 10, 20 and 50 cents, 1 lilangeni, 2 and 5 enalangeni.

Denominations of banknotes in circulation:
10, 20, 50, 100 and 200 enamel.

History reference:
Lilangeni is the national currency and fiat (fiduciary) money of the Kingdom of Eswatini (the Kingdom of Eswatini) - former Swaziland. The official currency was introduced in 1974. Pegged to the Sout...h African rand at a ratio of 1 to 1. In 1986, after a significant depreciation of the rand, countries replaced the rand currency area with the Common Monetary Area (CMA) to manage monetary policy. The CMA and the Southern African Customs Union are working together to help member countries. The terms of the new agreement gave Swaziland (now Eswatini) additional flexibility in its monetary policy.