Swedish Krona (kr) to Australian Dollar (A$) Conversion
Swedish Krona
The Swedish Krona (SEK) is the official currency of Sweden. Sweden is a member of the EU but has not adopted the Euro following a 2003 referendum. The Riksbank, the world's oldest central bank (founded 1668), manages monetary policy. Sweden has a highly export-oriented economy with major industries in telecommunications, automotive, and pharmaceuticals. The krona is one of the most actively traded Scandinavian currencies and is sensitive to global risk sentiment given Sweden's open, trade-dependent economy.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia and the fifth most traded currency globally. Introduced in 1966 to replace the Australian pound, the AUD was the first decimal currency in the Commonwealth. Like the Canadian Dollar, the AUD is a commodity currency — its value is strongly correlated with prices of iron ore, coal, gold, and agricultural products, which are Australia's major exports. The Reserve Bank of Australia manages monetary policy, and the AUD is also the official currency of several Pacific island nations.
| Swedish Krona (kr) | Australian Dollar (A$) |
|---|---|
| kr 0.1 | A$ 0.1 |
| kr 1 | A$ 1 |
| kr 2 | A$ 2 |
| kr 3 | A$ 3 |
| kr 5 | A$ 5 |
| kr 10 | A$ 10 |
| kr 20 | A$ 20 |
| kr 30 | A$ 30 |
| kr 50 | A$ 50 |
| kr 100 | A$ 100 |
| kr 1000 | A$ 1000 |