Convert Malaysian Ringgit to Swedish Krona
Please provide values below to convert Malaysian Ringgit [MYR] to Swedish Krona [SEK], or Convert Swedish Krona to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Swedish Krona
1 MYR = 0.443343147218759 SEK
Example: convert 15 MYR to SEK:
15 MYR = 15 × 0.443343147218759 SEK = 6.65014720828138 SEK
Malaysian Ringgit to Swedish Krona Conversion Table
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Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.
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.