Convert Salvadoran Colón to Swedish Krona
Please provide values below to convert Salvadoran Colón [SVC] to Swedish Krona [SEK], or Convert Swedish Krona to Salvadoran Colón.
How to Convert Salvadoran Colón to Swedish Krona
1 SVC = 0.915662227717067 SEK
Example: convert 15 SVC to SEK:
15 SVC = 15 × 0.915662227717067 SEK = 13.734933415756 SEK
Salvadoran Colón to Swedish Krona Conversion Table
Salvadoran Colón | Swedish Krona |
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Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.
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.