Central Bank of Eswatini

On 22nd March 1974, King Sobhuza II established The Monetary Authority of Swaziland (Eswatini), through The Monetary Authority of Swaziland (Eswatini) Order of 1974. On 1st April 1974, the Bank officially began its operations. On 18th July 1979, the Order-in-Council was amended, replacing The Monetary Authority of Swaziland with The Central Bank of Swaziland. The Bank then assumed more responsibility, becoming banker to Government and commercial banks, managing reserves, administering exchange controls, collecting statistics on the economy and becoming permanent advisor to Government.