Convert Swedish Krona to Armenian Dram
Please provide values below to convert Swedish Krona [SEK] to Armenian Dram [AMD], or Convert Armenian Dram to Swedish Krona.
How to Convert Swedish Krona to Armenian Dram
1 SEK = 0.024851517889458 AMD
Example: convert 15 SEK to AMD:
15 SEK = 15 × 0.024851517889458 AMD = 0.37277276834187 AMD
Swedish Krona to Armenian Dram Conversion Table
| Swedish Krona | Armenian Dram |
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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.
Armenian Dram
The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.
History/Origin
The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.
Current Use
The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.