Convert Swedish Krona to Somali Shilling
Please provide values below to convert Swedish Krona [SEK] to Somali Shilling [SOS], or Convert Somali Shilling to Swedish Krona.
How to Convert Swedish Krona to Somali Shilling
1 SEK = 0.0167022026474889 SOS
Example: convert 15 SEK to SOS:
15 SEK = 15 × 0.0167022026474889 SOS = 0.250533039712334 SOS
Swedish Krona to Somali Shilling Conversion Table
| Swedish Krona | Somali Shilling |
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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.
Somali Shilling
The Somali Shilling (SOS) is the official currency of Somalia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Somali Shilling was introduced in 1962, replacing the Somali Somali shilling, and has undergone various reforms and devaluations due to economic challenges and civil unrest over the decades.
Current Use
Today, the Somali Shilling remains the official currency of Somalia, used in cash transactions, with banknotes and coins issued by the Central Bank of Somalia. It is also used in some neighboring regions and for remittances.