Convert Swedish Krona to Nigerian Naira
Please provide values below to convert Swedish Krona [SEK] to Nigerian Naira [NGN], or Convert Nigerian Naira to Swedish Krona.
How to Convert Swedish Krona to Nigerian Naira
1 SEK = 0.00623524003253669 NGN
Example: convert 15 SEK to NGN:
15 SEK = 15 × 0.00623524003253669 NGN = 0.0935286004880503 NGN
Swedish Krona to Nigerian Naira Conversion Table
| Swedish Krona | Nigerian Naira |
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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.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.