Convert Swedish Krona to Cambodian Riel
Please provide values below to convert Swedish Krona [SEK] to Cambodian Riel [KHR], or Convert Cambodian Riel to Swedish Krona.
How to Convert Swedish Krona to Cambodian Riel
1 SEK = 0.00237714093180746 KHR
Example: convert 15 SEK to KHR:
15 SEK = 15 × 0.00237714093180746 KHR = 0.035657113977112 KHR
Swedish Krona to Cambodian Riel Conversion Table
| Swedish Krona | Cambodian Riel |
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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.
Cambodian Riel
The Cambodian Riel (KHR) is the official currency of Cambodia, used for everyday transactions and priced in the local economy.
History/Origin
The Riel was introduced in 1953, replacing the French Indochinese piastre, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Riel is primarily used domestically for most transactions, alongside the US dollar, which is also widely accepted in Cambodia.