Convert Swedish Krona to Angolan Kwanza
Please provide values below to convert Swedish Krona [SEK] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Swedish Krona.
How to Convert Swedish Krona to Angolan Kwanza
1 SEK = 0.0103798781120439 AOA
Example: convert 15 SEK to AOA:
15 SEK = 15 × 0.0103798781120439 AOA = 0.155698171680659 AOA
Swedish Krona to Angolan Kwanza Conversion Table
| Swedish Krona | Angolan Kwanza |
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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.
Angolan Kwanza
The Angolan Kwanza (AOA) is the official currency of Angola, used for all monetary transactions within the country.
History/Origin
The Kwanza was introduced in 1977, replacing the Angolan escudo after independence from Portugal. It has undergone several redenominations due to inflation and economic changes.
Current Use
The AOA is actively used as Angola's legal tender, with coins and banknotes circulating nationwide. It is managed by the National Bank of Angola.