Convert Macanese Pataca to Swedish Krona
Please provide values below to convert Macanese Pataca [MOP] to Swedish Krona [SEK], or Convert Swedish Krona to Macanese Pataca.
How to Convert Macanese Pataca to Swedish Krona
1 MOP = 0.847165323805832 SEK
Example: convert 15 MOP to SEK:
15 MOP = 15 × 0.847165323805832 SEK = 12.7074798570875 SEK
Macanese Pataca to Swedish Krona Conversion Table
| Macanese Pataca | Swedish Krona |
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Macanese Pataca
The Macanese Pataca (MOP) is the official currency of Macau, used for everyday transactions and financial dealings within the region.
History/Origin
Introduced in 1999, the Pataca replaced the Macau pataca, and has since been pegged to the Hong Kong dollar at a fixed rate, reflecting Macau's economic ties with Hong Kong and China.
Current Use
The Pataca remains the primary currency in Macau, widely used for commerce, banking, and tourism-related 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.