Swedish Krona (kr) to Chinese Yuan Renminbi (¥) 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.
Chinese Yuan Renminbi
The Chinese Yuan Renminbi (CNY/RMB) is the official currency of the People's Republic of China and the fifth largest world reserve currency. The People's Bank of China manages the yuan under a managed floating exchange rate system, setting a daily midpoint rate and allowing the currency to trade within a narrow band. As China's global trade influence has grown, the yuan has been included in the IMF's Special Drawing Rights (SDR) basket since 2016. CNY (yuan, used internationally) and RMB (renminbi, used domestically) refer to the same currency.
| Swedish Krona (kr) | Chinese Yuan Renminbi (¥) |
|---|---|
| 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 |