Convert Swedish Krona to Papua New Guinean Kina
Please provide values below to convert Swedish Krona [SEK] to Papua New Guinean Kina [PGK], or Convert Papua New Guinean Kina to Swedish Krona.
How to Convert Swedish Krona to Papua New Guinean Kina
1 SEK = 2.27277706339001 PGK
Example: convert 15 SEK to PGK:
15 SEK = 15 × 2.27277706339001 PGK = 34.0916559508501 PGK
Swedish Krona to Papua New Guinean Kina Conversion Table
| Swedish Krona | Papua New Guinean Kina |
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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.
Papua New Guinean Kina
The Papua New Guinean Kina (PGK) is the official currency of Papua New Guinea, used for all monetary transactions within the country.
History/Origin
Introduced in 1975, replacing the Australian dollar, the Kina was established to establish a national currency and promote economic independence for Papua New Guinea.
Current Use
The Kina is actively used in everyday transactions, banking, and trade within Papua New Guinea, with coins and banknotes issued by the country's central bank, the Bank of Papua New Guinea.