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The krona (Swedish: ⓘ; plural: kronor; sign: kr; code: SEK) is the currency of the Kingdom of Sweden.It is one of the currencies of the European Union.Both the ISO code "SEK" and currency sign "kr" are in common use for the krona; the former precedes or follows the value, the latter usually follows it but, especially in the past, it sometimes preceded the value.
Floating exchange rate. A tie to the British pound is introduced in June 1933. (1 GBP = 19.40 SEK) Tied to the US dollar on 28 August 1939. (1 USD = 4.20 SEK) A controlled appreciation of 14.3%, against all other currencies and gold on 13 July 1946. (1 USD = 3.60 SEK) A controlled depreciation of 30.5% against the USD on 19 September 1949. (1 ...
De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...
Fiume krone: 1919–1920 Replaced by Italian Lira Hungary: Hungarian korona: 1919–1926 Abandoned due to inflation. Replaced by Hungarian pengő. Liechtenstein: Liechtenstein krone: 1898–1921 Replaced by Liechtenstein franc Slovakia: Slovak koruna: 1939–1945; 1993–2008 Replaced by euro. Kingdom of Yugoslavia: Yugoslav krone: 1918–1920
Several countries use currencies which translate as "crown": the Czech koruna, the Norwegian krone, the Danish krone, the Icelandic króna, and the Swedish krona. [ 7 ] At present, the euro is legal tender in 20 out of 27 European Union member states, [ 8 ] in addition to 6 countries not part of the EU ( Monaco , San Marino , Vatican City ...
Fixed currency Anchor currency Rate (anchor / fixed) Abkhazian apsar: Russian ruble: 0.1 Alderney pound (only coins) [1]: Pound sterling: 1 Aruban florin: U.S. dollar: 1.79
A literal basket of currency. A currency basket is a portfolio of selected currencies with different weightings. [1] A currency basket is commonly used by investors to minimize the risk of currency fluctuations [2] and also governments when setting the market value of a country's currency.
The Scandinavian Monetary Union replaced the riksdaler riksmynt in 1873 with a new currency, the krona. An equal valued krone/krona of the monetary union replaced the three Scandinavian currencies at the rate of 1 krone/krona = 1 ⁄ 2 Danish rigsdaler = 1 ⁄ 4 Norwegian speciedaler = 1 Swedish riksdaler riksmynt.