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Investopedia explains 'SZL (Swaziland Lilangeni)'
The Swaziland lilangeni replaced the South African rand at par in 1974, and has remained at par since. Being at par allows Swaziland to be a member of the Southern African Customs Union (SACU), where import taxes are uniformly applied, and the Common Monetary Area (CMA), in which unrestricted funds movement is permitted.
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