Convert Swedish Krona to Ugandan Shilling
Please provide values below to convert Swedish Krona [SEK] to Ugandan Shilling [UGX], or Convert Ugandan Shilling to Swedish Krona.
How to Convert Swedish Krona to Ugandan Shilling
1 SEK = 0.00267627065443136 UGX
Example: convert 15 SEK to UGX:
15 SEK = 15 × 0.00267627065443136 UGX = 0.0401440598164704 UGX
Swedish Krona to Ugandan Shilling Conversion Table
| Swedish Krona | Ugandan Shilling |
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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.
Ugandan Shilling
The Ugandan Shilling (UGX) is the official currency of Uganda, used for all monetary transactions within the country.
History/Origin
The Ugandan Shilling was introduced in 1966, replacing the East African Shilling, and has undergone various denominations and reforms over the years to stabilize the economy.
Current Use
Today, the UGX is widely used in Uganda for everyday transactions, banking, and trade, and is managed by the Bank of Uganda.