Convert Swedish Krona to Moldovan Leu
Please provide values below to convert Swedish Krona [SEK] to Moldovan Leu [MDL], or Convert Moldovan Leu to Swedish Krona.
How to Convert Swedish Krona to Moldovan Leu
1 SEK = 0.563135380712157 MDL
Example: convert 15 SEK to MDL:
15 SEK = 15 × 0.563135380712157 MDL = 8.44703071068236 MDL
Swedish Krona to Moldovan Leu Conversion Table
| Swedish Krona | Moldovan Leu |
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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.
Moldovan Leu
The Moldovan Leu (MDL) is the official currency of Moldova, used for all monetary transactions within the country.
History/Origin
The Moldovan Leu was introduced in 1993, replacing the Soviet ruble, following Moldova's independence. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Moldovan Leu is actively used as the national currency for everyday transactions, banking, and trade in Moldova. It is issued and regulated by the National Bank of Moldova.