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EUR-SEK exchange rate since 1999. The Swedish krona had a fixed exchange rate from the last devaluation in 1982, until 1992. On 17 May 1991, the Swedish Central Bank pegged the krona to the European Currency Unit (ECU), but outside the European Exchange Rate Mechanism ERM I. The pegging was unilateral.
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.
In late 1992 (Monday 14 September) the British pound began a steep decline that made it "leave" the Exchange Rate Mechanism on the Wednesday of that week. At the same time the Swedish currency began to decline; the first reaction from the central bank was to try to keep the current fixed exchange rates in place, and they set a target for their equivalent to the federal funds rate ("marginal ...
Replaced by euro. Free State of Fiume: 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 ...
The index was established in 1973 with a base value of 100, reached a high of 164 in 1985, and hit a low of around 70 in 2008. Most recently, the index fell following Powell’s remarks suggesting ...
Currency ISO 4217 code Symbol or Abbrev. [2]Proportion of daily volume Change (2019–2022) April 2019 April 2022 U.S. dollar: USD $, US$ 88.3%: 88.5%: 0.2pp Euro
A currency pair is the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market.The currency that is used as the reference is called the counter currency, quote currency, or currency [1] and the currency that is quoted in relation is called the base currency or transaction currency.
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 ...