Convert Swedish Krona to Canadian Dollar
Please provide values below to convert Swedish Krona [SEK] to Canadian Dollar [CAD], or Convert Canadian Dollar to Swedish Krona.
How to Convert Swedish Krona to Canadian Dollar
1 SEK = 7.00499082568807 CAD
Example: convert 15 SEK to CAD:
15 SEK = 15 × 7.00499082568807 CAD = 105.074862385321 CAD
Swedish Krona to Canadian Dollar Conversion Table
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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.
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.