Convert Swedish Krona to Algerian Dinar
Please provide values below to convert Swedish Krona [SEK] to Algerian Dinar [DZD], or Convert Algerian Dinar to Swedish Krona.
How to Convert Swedish Krona to Algerian Dinar
1 SEK = 0.0734171840348798 DZD
Example: convert 15 SEK to DZD:
15 SEK = 15 × 0.0734171840348798 DZD = 1.1012577605232 DZD
Swedish Krona to Algerian Dinar Conversion Table
| Swedish Krona | Algerian Dinar |
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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.
Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.