Swedish Krona to Indonesian Rupiah — exchange rate

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.

The Indonesian rupiah (Rp) is a currency issued and accepted for payment in Indonesia. It is abbreviated to IDR. A local abbreviation – Rr – is also placed on notes.

Sen, a coin of a smaller denomination, is used for change. One rupiah has 100 sens. The coin was removed from circulation in the 60s of the past century, and sen is only used in cashless operations. The currency was issued in Indonesia since 1945. For some time, it was used along with other currencies – the Netherlands Indies gulden and the Japanese occupational rupiah. In 1930s, a large-scale financial crisis led to the collapse of rupiah and resignation of president Haji Suharto.