Convert Swedish Krona to Bulgarian Lev
Please provide values below to convert Swedish Krona [SEK] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to Swedish Krona.
How to Convert Swedish Krona to Bulgarian Lev
1 SEK = 5.72337491005037 BGN
Example: convert 15 SEK to BGN:
15 SEK = 15 × 5.72337491005037 BGN = 85.8506236507556 BGN
Swedish Krona to Bulgarian Lev Conversion Table
| Swedish Krona | Bulgarian Lev |
|---|
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.
Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.