Convert SEK to INR – Swedish Krona to Indian Rupee Conversion

No matter which part of the world you are in, you need currency to trade goods and services. But since every country has its own currency, it is essential to convert from one currency to another. In this article, we will help you convert Swedish Krona to Rupee, also known as SEK to INR. Along with the conversion process, we will also discuss the history of both currencies.

Without further ado, let’s get started.

Overview of SEK(Swedish Krona)

SEK or Swedish Krona is the official currency of Sweden. Represented by the KR symbol, it is one of the most recognised currencies trading in the global foreign exchange market. 1 Krona comprises 100 öre. However, Sweden abandoned the öre coin and now the prices are rounded off to the nearest krona.

History of SEK(Swedish Krona)

• Launched in 1873, Swedish Krona replaced Riksdaler. It was launched in Sweden as a consequence of the Scandinavian Monetary Union with Denmark and Norway. The Union continued till the 1st World War.
• Sweden was asked to join the eurozone and convert their currency to Euro. But the idea was opposed by Sweden citizens. In 2003, more than 55% of Sweden’s citizens voted to reject the Euro. This led to the Swedish government identifying a loophole and rejecting the ERM II joining proposal. 
• In September 2010, all the öre coins were discounted by the government. 

Overview of INR(Indian Rupee)

Issued by the Reserve Bank of India, INR is the official currency of India. INR also known as Indian Rupee is denoted by the ₹ symbol. The reverse side of the currency banknotes displays 15 out of the 22 official languages of India. These include Punjabi, Telugu, Bengali, Oriya, Urdu, Sanskrit, Nepali, Assamese, Tamil, Marathi, Kannada, Gujarati, Kashmiri, Konkani, and Malayalam. Countries like Bhutan and Nepal also accept Indian rupees as a form of currency.

History of INR(Indian Rupee)

• Mughal emperor Sher Shah Suri (1540-45) issued the first Rupee in India. During that time, 1 rupee comprised 40 copper pieces. 
• When India gained independence in 1947, the rupee replaced all the previously accepted/used currencies in the country.
• In 1992, coins of Rs 1 and 5 were introduced, followed by notes of Rs 10 and Rs 500 notes being issued in 1996.
• Between 2005-2008, new 50 paise, Rs 1 and Rs 5 were launched.
• In 2010, India got its currency symbol ‘₹’ through a design competition.
• The new rupee symbol was inspired by the banknotes of Rs 10, 20, 50, 100, 500 and Rs 1,000
• In 2016, the government discontinued Rs 500 and Rs 1000 banknotes and launched new notes of Rs 500 and Rs 2000. 

SEK to INR Forecast 2022

The exchange rate from SEK to INR value keeps fluctuating. It changes every hour, day, month and year. Here’s the SEK to INR forecast table for 2022. 

Convert SEK to INR

To convert Swedish Krona to INR, it is essential to know the value of the conversion rate today. For instance, on 3rd February 2022, the value of 1 Swedish Krona to INR was 8.14.

For a better understanding of how the conversion takes place, take a look at the following examples. 

NOTE: We have used the exchange rate of SEK to INR as of 3rd February 2022. 

Example 1. Convert 1000 SEK to INR

Here the value of 1 SEK to INR is 8.14 INR. 

For 1000 SEK,

1000*8.14 = 8,140 INR

Example 2. Convert 2000 SEK to INR

Here the value of 1 SEK to INR is 8.14 INR. 

For 2000 SEK,

2000*8.14 = 16,280 INR

Example 3. Convert 6000 SEK to INR

Here the value of 1 SEK to INR is 8.14 INR. 

For 6000 SEK,

6000*8.14 = 48,840 INR

Example 4. Convert 20,000 SEK to INR

Here the value of 1 SEK to INR is 8.14 INR. 

For 20,000 SEK,

20,000 *8.14 = 1,62,800 INR

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Example 5. Convert 25,000 SEK to INR

Here the value of 1 SEK to INR is 8.14 INR. 

For 25,000 SEK,

25,000 *8.14 = 2,03,500 INR

Example 6. Convert 150000 SEK to INR

Here the value of 1 SEK to INR is 8.14 INR. 

For 1,50,000 SEK,

1,50,000*8.14 = 12210000 INR

SEK Vs INR

If you wish to get an overview of how SEK is different from INR, check out this table.  

SEK to INR Conversion Chart

Here is a Swedish Krona to Indian Rupee conversion chart. Bear in mind that the value of SEK to INR keeps fluctuating and does not remain the same. You can simply know how Sweden Krona converts to Indian Rupees through the below-mentioned conversion chart.

FAQ’s about Convert SEK to INR