Swedish Krona (kr) to US Dollar ($) Conversion
Swedish Krona
The Swedish Krona (SEK) is the official currency of Sweden. Sweden is a member of the EU but has not adopted the Euro following a 2003 referendum. The Riksbank, the world's oldest central bank (founded 1668), manages monetary policy. Sweden has a highly export-oriented economy with major industries in telecommunications, automotive, and pharmaceuticals. The krona is one of the most actively traded Scandinavian currencies and is sensitive to global risk sentiment given Sweden's open, trade-dependent economy.
US Dollar
The US Dollar (USD) is the world's primary reserve currency, involved in approximately 88% of all foreign exchange transactions globally. Established by the Coinage Act of 1792, the dollar transitioned to a pure fiat currency in 1971 when President Nixon ended its convertibility to gold — the collapse of the Bretton Woods system that had pegged all major currencies to the USD at fixed rates since 1944. Today the dollar serves as the global pricing currency for commodities including oil, gold, and most internationally traded goods.
| Swedish Krona (kr) | US Dollar ($) |
|---|---|
| kr 0.1 | $ 0.1 |
| kr 1 | $ 1 |
| kr 2 | $ 2 |
| kr 3 | $ 3 |
| kr 5 | $ 5 |
| kr 10 | $ 10 |
| kr 20 | $ 20 |
| kr 30 | $ 30 |
| kr 50 | $ 50 |
| kr 100 | $ 100 |
| kr 1000 | $ 1000 |