Convert Swedish Krona to Namibian Dollar
Please provide values below to convert Swedish Krona [SEK] to Namibian Dollar [NAD], or Convert Namibian Dollar to Swedish Krona.
How to Convert Swedish Krona to Namibian Dollar
1 SEK = 0.543317754615266 NAD
Example: convert 15 SEK to NAD:
15 SEK = 15 × 0.543317754615266 NAD = 8.14976631922899 NAD
Swedish Krona to Namibian Dollar Conversion Table
| Swedish Krona | Namibian Dollar |
|---|
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.
Namibian Dollar
The Namibian Dollar (NAD) is the official currency of Namibia, used for all monetary transactions within the country.
History/Origin
Introduced in 1993, replacing the South African Rand at par, the Namibian Dollar was established to establish a distinct national currency following independence from South Africa.
Current Use
The NAD is widely used in Namibia for everyday transactions, banking, and trade, and is pegged at par with the South African Rand, which is also accepted in Namibia.