Convert Swedish Krona to Uruguayan Peso
Please provide values below to convert Swedish Krona [SEK] to Uruguayan Peso [UYU], or Convert Uruguayan Peso to Swedish Krona.
How to Convert Swedish Krona to Uruguayan Peso
1 SEK = 0.236831853180777 UYU
Example: convert 15 SEK to UYU:
15 SEK = 15 × 0.236831853180777 UYU = 3.55247779771166 UYU
Swedish Krona to Uruguayan Peso Conversion Table
| Swedish Krona | Uruguayan 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.
Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.