Convert Peruvian Nuevo Sol to Swedish Krona
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Swedish Krona [SEK], or Convert Swedish Krona to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Swedish Krona
1 PEN = 0.372756514359356 SEK
Example: convert 15 PEN to SEK:
15 PEN = 15 × 0.372756514359356 SEK = 5.59134771539034 SEK
Peruvian Nuevo Sol to Swedish Krona Conversion Table
Peruvian Nuevo Sol | Swedish Krona |
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Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.
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.