Convert Swedish Krona to Jamaican Dollar
Please provide values below to convert Swedish Krona [SEK] to Jamaican Dollar [JMD], or Convert Jamaican Dollar to Swedish Krona.
How to Convert Swedish Krona to Jamaican Dollar
1 SEK = 0.0596229951117428 JMD
Example: convert 15 SEK to JMD:
15 SEK = 15 × 0.0596229951117428 JMD = 0.894344926676141 JMD
Swedish Krona to Jamaican Dollar Conversion Table
| Swedish Krona | Jamaican 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.
Jamaican Dollar
The Jamaican Dollar (JMD) is the official currency of Jamaica, used for all monetary transactions within the country.
History/Origin
The Jamaican Dollar was introduced in 1969, replacing the Jamaican Pound at a rate of 1 dollar = 1.5 pounds. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Jamaican Dollar is widely used in everyday transactions, banking, and commerce across Jamaica, with coins and banknotes issued by the Bank of Jamaica.