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.
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.
Telia Sonera – telecom. 37.3% owned by the Swedish government. [81] Hitherto SEK 18 billion worth of shares has been sold reducing state ownership from 45.3% to 37.3%. [82] SAS Group – airline. 14.8% owned by the Swedish government. [83] On 13 October 2016 the Swedish government sold 13.8 million shares worth 213.9 million SEK.
Öre (Swedish pronunciation: [ˈœ̂ːrɛ]) is the centesimal subdivision of the Swedish krona. In the Swedish language, the plural of öre is either öre (indefinite) or ören (definitive). The name öre derives from the Latin word aereus/aurum, meaning gold. [1] The corresponding subdivisions of the Norwegian and Danish krones are called øre.
The main events in the monetary history of the Krona are: Introduction of the Krona, based on the gold standard on 5 May 1873. (1 kg of gold = 2480 Kronor) The tie to gold is abolished on 2 August 1914. The tie to gold is de facto re-established in November 1922. The tie to gold is de jure re-established on 1 April 1924
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.
[9] The Swedish move to a negative discount rate was followed with great interest by central banks around the world. [ 10 ] On 28 October 2014, the Riksbank cut its repo rate to 0.00%, as Deputy Governor Svensson advocated in July 2009, pushing the linked deposit rate to −0.75%, while the lending rate remained at 0.75%.
Swedish krona; Swedish penning; Swedish riksdaler; ... File:Collage SEK.png This page was last edited on 27 January 2019, at 01:15 (UTC). ...