Convert Swedish Krona to Philippine Peso
Please provide values below to convert Swedish Krona [SEK] to Philippine Peso [PHP], or Convert Philippine Peso to Swedish Krona.
How to Convert Swedish Krona to Philippine Peso
1 SEK = 0.167613531592507 PHP
Example: convert 15 SEK to PHP:
15 SEK = 15 × 0.167613531592507 PHP = 2.5142029738876 PHP
Swedish Krona to Philippine Peso Conversion Table
| Swedish Krona | Philippine 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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.