Convert Nigerian Naira to Swedish Krona
Please provide values below to convert Nigerian Naira [NGN] to Swedish Krona [SEK], or Convert Swedish Krona to Nigerian Naira.
How to Convert Nigerian Naira to Swedish Krona
1 NGN = 160.378749620192 SEK
Example: convert 15 NGN to SEK:
15 NGN = 15 × 160.378749620192 SEK = 2405.68124430288 SEK
Nigerian Naira to Swedish Krona Conversion Table
| Nigerian Naira | Swedish Krona |
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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.
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.