Convert New Zealand Dollar to Swedish Krona
Please provide values below to convert New Zealand Dollar [NZD] to Swedish Krona [SEK], or Convert Swedish Krona to New Zealand Dollar.
How to Convert New Zealand Dollar to Swedish Krona
1 NZD = 0.174868769841686 SEK
Example: convert 15 NZD to SEK:
15 NZD = 15 × 0.174868769841686 SEK = 2.62303154762528 SEK
New Zealand Dollar to Swedish Krona Conversion Table
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
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.