Convert Solomon Islands Dollar to Swedish Krona
Please provide values below to convert Solomon Islands Dollar [SBD] to Swedish Krona [SEK], or Convert Swedish Krona to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Swedish Krona
1 SBD = 0.863394905860042 SEK
Example: convert 15 SBD to SEK:
15 SBD = 15 × 0.863394905860042 SEK = 12.9509235879006 SEK
Solomon Islands Dollar to Swedish Krona Conversion Table
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Solomon Islands Dollar
The Solomon Islands Dollar (SBD) is the official currency of the Solomon Islands, used for all monetary transactions within the country.
History/Origin
The Solomon Islands Dollar was introduced in 1977, replacing the Australian dollar at par, to establish a distinct national currency following independence from British rule.
Current Use
The SBD is widely used in the Solomon Islands for everyday transactions, banking, and trade, and is pegged to a basket of currencies to maintain stability.
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.