Search results
Results from the WOW.Com Content Network
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.
(1 USD = 5.17 SEK) Membership of the International Monetary Fund and part of the Bretton Woods system on 31 August 1951. A controlled depreciation of 1.0% against gold and a 7.5% appreciation against the USD on 21 December 1971. A controlled depreciation of 5.0% against gold and a 5.6% appreciation against the USD on 16 February 1973.
A crown is a unit of currency used in Norway, Sweden, Denmark (including the Faroe Islands and Greenland), Iceland, and the Czech Republic. Alternative names [ edit ]
The word "krone/krona" literally means "crown", and the differences in spelling of the name represent the differences between the North Germanic languages. The political union between Sweden and Norway was dissolved in 1905, but this did not affect the basis for co-operation in the monetary union.
STOCKHOLM (Reuters) -Microsoft will invest 33.7 billion Swedish crowns ($3.2 billion) to expand its cloud and artificial intelligence infrastructure in Sweden over a two-year period, it said on ...
The svenska riksdaler (Swedish pronunciation: [rɪksˈdɑːlɛr]) was the name of a Swedish coin first minted in 1604. Between 1777 and 1873, it was the currency of Sweden. The daler, like the dollar, [1] was named after the German Thaler.
Sweden does not currently use the euro as its currency and has no plans to replace the existing Swedish krona in the near future. Sweden's Treaty of Accession of 1994 made it subject to the Treaty of Maastricht, which obliges states to join the eurozone once they meet the necessary conditions.
The 1976 visit of King Carl XVI Gustaf of Sweden to the United States was the first state visit by a reigning Monarch of Sweden to the United States. The visit, planned as part of the United States Bicentennial celebrations and one of several from foreign heads of states, marked a warming in Swedish–American relations after the Vietnam War. [1]