Convert Norwegian Krone to Swedish Krona
Please provide values below to convert Norwegian Krone [NOK] to Swedish Krona [SEK], or Convert Swedish Krona to Norwegian Krone.
How to Convert Norwegian Krone to Swedish Krona
1 NOK = 1.05945957272927 SEK
Example: convert 15 NOK to SEK:
15 NOK = 15 × 1.05945957272927 SEK = 15.8918935909391 SEK
Norwegian Krone to Swedish Krona Conversion Table
| Norwegian Krone | Swedish Krona |
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Norwegian Krone
The Norwegian Krone (NOK) is the official currency of Norway, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Norwegian Krone was introduced in 1875, replacing the Norwegian Speciedaler, and has undergone various reforms, including decimalization in 1875 and decimal standardization in 1963. It has been Norway's official currency since then.
Current Use
The NOK is actively used in Norway for all financial transactions, including banking, commerce, and international trade. It is also traded on the foreign exchange market and is considered a stable currency within the region.
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.