Swedish Krona to Canadian Dollar — exchange rate

Country of Circulation: Sweden

Currency Code, Symbol: SEK, kr

Denominations of coins in circulation: 1 kr, 2 kr, 5 kr, 10 kr

Denominations of banknotes in circulation: 20 kr, 50 kr, 100 kr, 200 kr, 500 kr

History: The Swedish krona (kr) is the national currency spread and issued in Sweden. In the international currency arena, it is known as SEK. Until recently, 1 krona could be subdivided into 100 smaller coins – öre.Today, due to inflation, öre is not circulating. The Swedish krona has come into use in 1873. The establishment of the Scandinavian Union was the reason for that. It existed for 5 years up until the World War I. The term “krona” in Scandinavian languages means “crown”. Despite the fall of the Union, Denmark and Norway also have the same names for their currencies.Read More

Country of Circulation: Canada

Currency Code, Symbol: CAD, $

Denominations of coins in circulation: 5¢, 10¢, 25¢, $1, $2

Denominations of banknotes in circulation: $5, $10, $20, $50, $100

History: The Canadian dollar (symbol: CA$, code: CAD, number 124) is used for financial operations within Canada. The abbreviation of the currency used on the exchange market and in exchange offices is CAD. One Canadian dollar correlates to 100 cents.The currency was introduced in 1858. The government had used the Spanish real previously. Some types and denominations of the $ currency are not issued anymore. However, Canada officially accepts all types of currency units that have been issued since 1935. It should be mentioned that CAD is included in the list of the most traded world currencies, namely in the top ten.Read More