Convert Kyrgystani Som to Swedish Krona
Please provide values below to convert Kyrgystani Som [KGS] to Swedish Krona [SEK], or Convert Swedish Krona to Kyrgystani Som.
How to Convert Kyrgystani Som to Swedish Krona
1 KGS = 9.14652724662888 SEK
Example: convert 15 KGS to SEK:
15 KGS = 15 × 9.14652724662888 SEK = 137.197908699433 SEK
Kyrgystani Som to Swedish Krona Conversion Table
Kyrgystani Som | Swedish Krona |
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Kyrgystani Som
The Kyrgystani Som (KGS) is the official currency of Kyrgyzstan, used for all monetary transactions within the country.
History/Origin
The Som was introduced in 1993, replacing the Soviet ruble, as part of Kyrgyzstan's independence and economic transition to establish a national currency.
Current Use
The Kyrgystani Som is actively used in everyday transactions, banking, and financial markets within Kyrgyzstan, with ongoing efforts to stabilize and modernize its economy.
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.