Convert Swedish Krona to Euro
Please provide values below to convert Swedish Krona [SEK] to Euro [EUR], or Convert Euro to Swedish Krona.
How to Convert Swedish Krona to Euro
1 SEK = 11.193033892342 EUR
Example: convert 15 SEK to EUR:
15 SEK = 15 × 11.193033892342 EUR = 167.89550838513 EUR
Swedish Krona to Euro Conversion Table
Swedish Krona | Euro |
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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.
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.