Convert Kazakhstani Tenge to Swedish Krona
Please provide values below to convert Kazakhstani Tenge [KZT] to Swedish Krona [SEK], or Convert Swedish Krona to Kazakhstani Tenge.
How to Convert Kazakhstani Tenge to Swedish Krona
1 KZT = 56.0238257389227 SEK
Example: convert 15 KZT to SEK:
15 KZT = 15 × 56.0238257389227 SEK = 840.357386083841 SEK
Kazakhstani Tenge to Swedish Krona Conversion Table
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Kazakhstani Tenge
The Kazakhstani Tenge (KZT) is the official currency of Kazakhstan, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 following Kazakhstan's independence from the Soviet Union, the Tenge replaced the Soviet ruble and has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Tenge is actively used in Kazakhstan for everyday transactions, banking, and trade, and is managed by the National Bank of Kazakhstan. It features modern security features and is available in both cash and digital forms.
Swedish Krona
The Swedish Krona (SEK) is the official currency of Sweden, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Swedish Krona was introduced in 1873, replacing the Riksdaler. It was initially pegged to gold and later transitioned to a floating exchange rate system. The currency has undergone various reforms, including decimalization in 1874 and modernization efforts in the 20th and 21st centuries.
Current Use
Today, the Swedish Krona is widely used across Sweden for all financial transactions, including cash, digital payments, and banking, and is recognized as a stable and integral part of the country's economy.