Convert Qatari Rial to Swedish Krona
Please provide values below to convert Qatari Rial [QAR] to Swedish Krona [SEK], or Convert Swedish Krona to Qatari Rial.
How to Convert Qatari Rial to Swedish Krona
1 QAR = 0.381379462087319 SEK
Example: convert 15 QAR to SEK:
15 QAR = 15 × 0.381379462087319 SEK = 5.72069193130979 SEK
Qatari Rial to Swedish Krona Conversion Table
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Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.
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.