Convert Swedish Krona to Moroccan Dirham
Please provide values below to convert Swedish Krona [SEK] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Swedish Krona.
How to Convert Swedish Krona to Moroccan Dirham
1 SEK = 1.05950068270373 MAD
Example: convert 15 SEK to MAD:
15 SEK = 15 × 1.05950068270373 MAD = 15.8925102405559 MAD
Swedish Krona to Moroccan Dirham Conversion Table
| Swedish Krona | Moroccan Dirham |
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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.
Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.