Convert Swedish Krona to Albanian Lek
Please provide values below to convert Swedish Krona [SEK] to Albanian Lek [ALL], or Convert Albanian Lek to Swedish Krona.
How to Convert Swedish Krona to Albanian Lek
1 SEK = 0.114445125263351 ALL
Example: convert 15 SEK to ALL:
15 SEK = 15 × 0.114445125263351 ALL = 1.71667687895027 ALL
Swedish Krona to Albanian Lek Conversion Table
| Swedish Krona | Albanian Lek |
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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.
Albanian Lek
The Albanian Lek (ALL) is the official currency of Albania, used for everyday transactions and financial exchanges within the country.
History/Origin
The Albanian Lek was introduced in 1926, replacing the Albanian franc, and has undergone several reforms, with the current version issued since 1992 to stabilize the economy after the fall of communism.
Current Use
The Albanian Lek is actively used as the primary currency in Albania for all forms of payment, banking, and financial transactions.