Convert Philippine Peso to Swedish Krona
Please provide values below to convert Philippine Peso [PHP] to Swedish Krona [SEK], or Convert Swedish Krona to Philippine Peso.
How to Convert Philippine Peso to Swedish Krona
1 PHP = 5.96610542417988 SEK
Example: convert 15 PHP to SEK:
15 PHP = 15 × 5.96610542417988 SEK = 89.4915813626982 SEK
Philippine Peso to Swedish Krona Conversion Table
| Philippine Peso | Swedish Krona |
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Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.
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.