Convert Swedish Krona to Azerbaijani Manat
Please provide values below to convert Swedish Krona [SEK] to Azerbaijani Manat [AZN], or Convert Azerbaijani Manat to Swedish Krona.
How to Convert Swedish Krona to Azerbaijani Manat
1 SEK = 5.61264334019406 AZN
Example: convert 15 SEK to AZN:
15 SEK = 15 × 5.61264334019406 AZN = 84.1896501029109 AZN
Swedish Krona to Azerbaijani Manat Conversion Table
Swedish Krona | Azerbaijani Manat |
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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.
Azerbaijani Manat
The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, used for all monetary transactions within the country.
History/Origin
The Azerbaijani Manat was introduced in 1992, replacing the Soviet ruble, and has undergone several redenominations, with the current version introduced in 2006 to stabilize the economy and control inflation.
Current Use
Today, the AZN is widely used in Azerbaijan for everyday transactions, banking, and trade, and is considered a stable currency within the region.