Convert Swedish Krona to Mexican Peso
Please provide values below to convert Swedish Krona [SEK] to Mexican Peso [MXN], or Convert Mexican Peso to Swedish Krona.
How to Convert Swedish Krona to Mexican Peso
1 SEK = 0.511917915491145 MXN
Example: convert 15 SEK to MXN:
15 SEK = 15 × 0.511917915491145 MXN = 7.67876873236717 MXN
Swedish Krona to Mexican Peso Conversion Table
Swedish Krona | Mexican Peso |
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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.
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.