SEK to CVE Exchange Rate - Convert Swedish Krona to Cape Verde Escudo

Converting from Swedish Krona (SEK) to Cape Verde Escudo (CVE)

What is Swedish Krona (SEK)

The Swedish Krona (SEK) is the official currency of Sweden and is widely recognized in global financial markets. The term "krona" means "crown" in Swedish, and this currency has been in use since 1873, when it replaced the previous currency known as the riksdaler. The symbol for the Krona is “kr,” and it is subdivided into 100 öre, although öre coins are no longer in circulation.

The value of the SEK is influenced by various factors, including Sweden’s economic performance, interest rates set by the Riksbank (Sweden's central bank), and global economic conditions. Sweden has a strong, stable economy known for its advanced industrial base, high standard of living, and robust welfare system. Due to these factors, the Krona is often viewed as a stable currency in the region.

When converting SEK to other currencies, it is important to check the current exchange rate, which fluctuates based on market demand and supply. Conversion can be done through banks, currency exchange services, or online platforms that offer real-time currency rates.

What is Cape Verde Escudo (CVE)

The Cape Verde Escudo (CVE) is the official currency of Cape Verde, an island nation located off the northwest coast of Africa. The currency was introduced in 1930, replacing the Portuguese escudo as Cape Verde was previously a part of Portugal's overseas territories. The symbol for the Escudo is “$,” and it is further divided into 100 centavos.

Cape Verde’s economy relies heavily on tourism, agriculture, and fishing. The country has made significant strides in developing its economy, but it still faces challenges such as limited natural resources and vulnerability to climate change. As a result, the exchange rate of the CVE can be influenced by tourism performance, remittances from abroad, and global economic conditions.

When converting from SEK to CVE, it is crucial to stay updated on the latest exchange rates. Like the SEK, the CVE’s value can fluctuate according to market trends. Most currency conversion services provide both real-time and historical rates, allowing individuals or businesses to make informed decisions.

In summary, converting Swedish Krona (SEK) to Cape Verde Escudo (CVE) involves understanding the value of each currency and the factors that influence their exchange rates. To perform a conversion, one can check reliable financial websites or consult local banks to get the most accurate and up-to-date information. This practice ensures that both tourists traveling to Cape Verde and businesses engaging in trade with the region can manage their finances effectively.

Swedish Krona to Cape Verde Escudo conversion table

SEK to CVE conversion table

Swedish Krona (SEK)Cape Verde Escudo (CVE)
1 SEK10.06312172249 CVE
2 SEK20.12624344497 CVE
3 SEK30.18936516746 CVE
4 SEK40.25248688994 CVE
5 SEK50.31560861243 CVE
6 SEK60.37873033491 CVE
7 SEK70.4418520574 CVE
8 SEK80.50497377988 CVE
9 SEK90.56809550237 CVE
10 SEK100.63121722485 CVE
100 SEK1 006.31217224855 CVE
200 SEK2 012.62434449709 CVE
300 SEK3 018.93651674564 CVE
400 SEK4 025.24868899419 CVE
500 SEK5 031.56086124274 CVE
600 SEK6 037.87303349128 CVE
700 SEK7 044.18520573983 CVE
800 SEK8 050.49737798838 CVE
900 SEK9 056.80955023692 CVE
1 000 SEK10 063.12172248547 CVE
2 000 SEK20 126.24344497094 CVE
5 000 SEK50 315.60861242735 CVE
10 000 SEK100 631.21722485471 CVE
20 000 SEK201 262.43444970941 CVE
50 000 SEK503 156.08612427353 CVE
100 000 SEK1 006 312.17224854707 CVE
Last updated June 11, 2025 at 09:55 PM