Convert Swedish Krona to Armenian Dram
Convert Swedish Krona (SEK) to Armenian Dram (AMD) using daily updated exchange rates.
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Exchange Rate
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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.
About Armenian Dram
The Armenian Dram (AMD) became the official currency of Armenia in November 1993, replacing the Soviet ruble following the country's independence from the USSR in 1991. Its name derives from the historic silver coin used in medieval Armenia. The Central Bank of Armenia oversees monetary policy and issues dram banknotes and coins. Armenia's economy is heavily influenced by remittances from the Armenian diaspora and exports of diamonds, minerals, and brandy. The dram is divided into 100 luma, though luma coins are no longer in circulation due to low purchasing power.
Quick Reference Table
| Swedish Krona (SEK) | Armenian Dram (AMD) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).