Convert Swedish Krona to Kuwaiti Dinar
Please provide values below to convert Swedish Krona [SEK] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Swedish Krona.
How to Convert Swedish Krona to Kuwaiti Dinar
1 SEK = 31.2518009168304 KWD
Example: convert 15 SEK to KWD:
15 SEK = 15 × 31.2518009168304 KWD = 468.777013752456 KWD
Swedish Krona to Kuwaiti Dinar Conversion Table
| Swedish Krona | Kuwaiti Dinar |
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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.
Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.