Convert Swedish Krona to Icelandic Króna
Please provide values below to convert Swedish Krona [SEK] to Icelandic Króna [ISK], or Convert Icelandic Króna to Swedish Krona.
How to Convert Swedish Krona to Icelandic Króna
1 SEK = 0.0784174050931917 ISK
Example: convert 15 SEK to ISK:
15 SEK = 15 × 0.0784174050931917 ISK = 1.17626107639788 ISK
Swedish Krona to Icelandic Króna Conversion Table
| Swedish Krona | Icelandic Króna |
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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.
Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.