Convert Swedish Krona to Solomon Islands Dollar
Please provide values below to convert Swedish Krona [SEK] to Solomon Islands Dollar [SBD], or Convert Solomon Islands Dollar to Swedish Krona.
How to Convert Swedish Krona to Solomon Islands Dollar
1 SEK = 1.15821855469935 SBD
Example: convert 15 SEK to SBD:
15 SEK = 15 × 1.15821855469935 SBD = 17.3732783204903 SBD
Swedish Krona to Solomon Islands Dollar Conversion Table
Swedish Krona | Solomon Islands Dollar |
---|
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.
Solomon Islands Dollar
The Solomon Islands Dollar (SBD) is the official currency of the Solomon Islands, used for all monetary transactions within the country.
History/Origin
The Solomon Islands Dollar was introduced in 1977, replacing the Australian dollar at par, to establish a distinct national currency following independence from British rule.
Current Use
The SBD is widely used in the Solomon Islands for everyday transactions, banking, and trade, and is pegged to a basket of currencies to maintain stability.