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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.
A controlled depreciation of 16% against the "currency basket" on 8 October 1982. A tie to the European Currency Unit is introduced unilaterally on 17 May 1991. (1 ECU = 7.40 SEK) Floating exchange rate on 19 November 1992. A Swedish euro referendum is held on 2003, with 55.9 percent vote against membership of the eurozone.
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.
De facto exchange-rate arrangements in 2022 as classified by the International Monetary Fund. Floating ( floating and free floating ) Soft pegs ( conventional peg , stabilized arrangement , crawling peg , crawl-like arrangement , pegged exchange rate within horizontal bands )
The index — which measures the dollar's value relative to a basket of currencies (the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc) — has climbed by ...
Swedish krona: 1873–present Replaced Swedish riksdaler [1] Historical use of a currency called crown. Country Currency Period Notes Ref
After hitting a September low, the US Dollar Index — which measures the dollar's value relative to a basket of six foreign currencies, including the euro, Japanese yen, British pound, Canadian ...
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.