Convert Swedish Krona to Dominican Peso
Please provide values below to convert Swedish Krona [SEK] to Dominican Peso [DOP], or Convert Dominican Peso to Swedish Krona.
How to Convert Swedish Krona to Dominican Peso
1 SEK = 0.158146509585591 DOP
Example: convert 15 SEK to DOP:
15 SEK = 15 × 0.158146509585591 DOP = 2.37219764378386 DOP
Swedish Krona to Dominican Peso Conversion Table
Swedish Krona | Dominican Peso |
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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.
Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.