Convert Swedish Krona to Nicaraguan Cordoba
Convert Swedish Krona (SEK) to Nicaraguan Cordoba (NIO) using daily updated exchange rates.
Loading exchange rates...
Exchange Rate
Exchange rates are updated daily.
Loading current rate...
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 Nicaraguan Cordoba
The Nicaraguan Cordoba (NIO) is the official currency of Nicaragua, named after Francisco Hernandez de Cordoba, the Spanish conquistador who founded several of Nicaragua's major colonial cities. The current gold cordoba was introduced in 1991 following a period of hyperinflation under the Nicaraguan Revolution government, replacing the old cordoba at a rate of 5 million to 1. The Banco Central de Nicaragua manages monetary policy with a crawling peg exchange rate that depreciates against the US Dollar at a controlled rate of approximately 3% per year.
Quick Reference Table
| Swedish Krona (SEK) | Nicaraguan Cordoba (NIO) |
|---|---|
| Loading rates... | |
Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).