Convert Swedish Krona to Rwandan Franc
Please provide values below to convert Swedish Krona [SEK] to Rwandan Franc [RWF], or Convert Rwandan Franc to Swedish Krona.
How to Convert Swedish Krona to Rwandan Franc
1 SEK = 0.00659422824183807 RWF
Example: convert 15 SEK to RWF:
15 SEK = 15 × 0.00659422824183807 RWF = 0.098913423627571 RWF
Swedish Krona to Rwandan Franc Conversion Table
| Swedish Krona | Rwandan Franc |
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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.
Rwandan Franc
The Rwandan Franc (RWF) is the official currency of Rwanda, used for all monetary transactions within the country.
History/Origin
The Rwandan Franc was introduced in 1964, replacing the Rwandan Congolese franc, and has undergone various redenominations and updates since then to stabilize the economy and facilitate trade.
Current Use
Today, the Rwandan Franc is widely used in Rwanda for everyday transactions, banking, and trade, with coins and banknotes issued by the National Bank of Rwanda.