Eswatini Exchange Rate
Official exchange rate (LCU per US$, period average) PA.NUS.FCRF
Eswatini's exchange rate was 19.09 in 2025, ranked 93rd globally. This represents a 4.2% increase from 2024. Data from World Bank, covering 1960–2025.
Overview
Eswatini's exchange rate stood at 19.09 in 2025, a rise of +0.77 from 2024. Based on recent trends, this figure is projected to reach 19.09 by 2025. Eswatini ranked 93rd globally.
Eswatini’s exchange rate has risen dramatically from a trough of 0.68 in 1974 to an all‑time peak of 19.09 in 2025, the most recent year for which World Bank data are available. The 2025 figure of 19.09 places the kingdom at rank 93 globally, matching Namibia’s current level and closely trailing South Africa’s 19.10, while Moldova records a slightly lower 18.40. Over the 66‑year coverage period the currency has depreciated by more than 27 times its 1960 value of 0.71, reflecting persistent balance‑of‑payments pressures, limited export diversification and the impact of regional monetary dynamics. The steep upward trajectory accelerated after the early 2000s, coinciding with broader sub‑Saharan devaluation cycles, and has persisted despite occasional stabilisation attempts. Continued fiscal consolidation, export growth or a shift to a more flexible exchange‑rate regime could alter the current depreciation path, while external shocks such as commodity price swings are likely to sustain volatility in the near term.
Data & projection
| Year | Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 20.56 | - | - |
| 2026* trend | 19.82 | - | - |
| 2025* trend | 19.09 | - | - |
| 2025 | 19.09 | +0.77 | #93 |
| 2024 | 18.32 | −0.14 | #114 |
| 2023 | 18.45 | +2.09 | #116 |
| 2022 | 16.36 | +1.58 | #115 |
| 2021 | 14.78 | −1.69 | #113 |
| 2020 | 16.47 | +2.02 | #116 |
| 2019 | 14.45 | +1.22 | #115 |
| 2018 | 13.23 | −0.09 | #111 |
| 2017 | 13.32 | −1.39 | #115 |
| 2016 | 14.71 | +1.95 | #115 |
| 2015 | 12.76 | +1.91 | #116 |
| 2014 | 10.85 | +1.20 | #118 |
| 2013 | 9.66 | +1.45 | #117 |
| 2012 | 8.21 | +0.95 | #116 |
| 2011 | 7.26 | −0.06 | #113 |
Detected Pattern
Analysis
Eswatini matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw exchange rate improve within 24 months. View full analysis →
Frequently Asked Questions
Eswatini's exchange rate was 19.09 in 2025. Ranked 93rd globally. This represents a 4.2% increase from the previous year.
Eswatini's exchange rate peaked at 19.09 in 2025.
The lowest exchange rate in Eswatini was 0.68 in 1974.
Eswatini ranks 93rd globally in exchange rate as of 2025.
The World Bank indicator code is PA.NUS.FCRF. Data sourced from World Bank.
Eswatini's exchange rate is projected to reach 19.09 by 2025 based on trend extrapolation.
The exchange rate of Eswatini in 2025 was 19.09. This ranks 93rd in the world.
Cite this page
@misc{historysaid_eswatini_exchange-rate,
title = {Eswatini Exchange Rate},
url = {https://historysaid.com/eswatini/exchange-rate/},
publisher = {HistorySaid},
year = {2026}
}