Convert Qatari Riyal to Swedish Krona
Convert Qatari Riyal (QAR) to Swedish Krona (SEK) using daily updated exchange rates.
Loading exchange rates...
Exchange Rate
Exchange rates are updated daily.
Loading current rate...
About Qatari Riyal
The Qatari Riyal (QAR) is the official currency of Qatar, one of the world's wealthiest countries by per capita income. The riyal has been pegged to the US Dollar at 3.64 QAR per USD since 2001, a peg maintained with ease due to Qatar's enormous oil and liquefied natural gas (LNG) revenues. Qatar holds the world's third largest proven natural gas reserves and is the world's largest exporter of LNG. The Qatar Central Bank manages the peg. The country hosted the FIFA World Cup in 2022, showcasing massive infrastructure development.
About Swedish Krona
The Swedish Krona (SEK) is the official currency of Sweden. Despite being an EU member since 1995, Sweden held a referendum in 2003 in which voters rejected adopting the Euro, and Sweden has since maintained the krona with no current plans for Eurozone entry. The Riksbank, established in 1668, is the world's oldest central bank and manages monetary policy. Sweden has a highly developed, export-oriented economy known for brands like IKEA, Volvo, H&M, Ericsson, and Spotify. The krona is divided into 100 ore, though ore coins are no longer issued.
Quick Reference Table
| Qatari Riyal (QAR) | Swedish Krona (SEK) |
|---|---|
| Loading rates... | |
Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).