Swazi Langeni in Papua New Guinean Kina

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.

PGK Papua New Guinean Kina

Country of application:
Papua New Guinea

Coin denominations in circulation:
5, 10, 20, 50 toe, 1 kina.

Denominations of banknotes in circulation:
2, 5, 10, 20, 50, 100 kina.

History reference:
The kina is the national currency of Papua New Guinea. In 1949, the Australian authorities united the two parts of the country, Australian pounds were introduced in the country, and in 1966, Australi...an dollars. After gaining independence in 1975 in New Guinea, the Australian currency became legal tender and the national currency, the kina, was introduced. The kina came into effect in April 1975 when it replaced the previous currency, the Australian dollar (AUD) as the countrys official currency. 1 kina is made up of 100 subunits called "toes". facilitating local trade.