Convert Brazilian Real to Swedish Krona
Please provide values below to convert Brazilian Real [BRL] to Swedish Krona [SEK], or Convert Swedish Krona to Brazilian Real.
How to Convert Brazilian Real to Swedish Krona
1 BRL = 0.583280072923106 SEK
Example: convert 15 BRL to SEK:
15 BRL = 15 × 0.583280072923106 SEK = 8.74920109384659 SEK
Brazilian Real to Swedish Krona Conversion Table
| Brazilian Real | Swedish Krona |
|---|
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.
Swedish Krona
The Swedish Krona (SEK) is the official currency of Sweden, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Swedish Krona was introduced in 1873, replacing the Riksdaler. It was initially pegged to gold and later transitioned to a floating exchange rate system. The currency has undergone various reforms, including decimalization in 1874 and modernization efforts in the 20th and 21st centuries.
Current Use
Today, the Swedish Krona is widely used across Sweden for all financial transactions, including cash, digital payments, and banking, and is recognized as a stable and integral part of the country's economy.