Convert Swedish Krona to Chinese Yuan (Offshore)
Please provide values below to convert Swedish Krona [SEK] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to Swedish Krona.
How to Convert Swedish Krona to Chinese Yuan (Offshore)
1 SEK = 1.33086170447293 CNH
Example: convert 15 SEK to CNH:
15 SEK = 15 × 1.33086170447293 CNH = 19.9629255670939 CNH
Swedish Krona to Chinese Yuan (Offshore) Conversion Table
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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.
Chinese Yuan (Offshore)
CNH (Chinese Yuan Offshore) is the offshore version of China's currency, the Renminbi, used primarily for international trade and investment outside mainland China.
History/Origin
CNH was introduced in 2010 to facilitate offshore trading of the Chinese currency, allowing greater flexibility and internationalization of the Renminbi separate from the onshore RMB (CNY).
Current Use
CNH is widely used in global financial markets for trading, investment, and currency exchange, serving as a key component in international trade involving China.