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swedish monetary unit

 

Definitions from WordNet

Noun swedish monetary unit has 1 sense
  1. Swedish monetary unit - monetary unit in Sweden
    --1 is a kind of
    monetary unit
    --1 has particulars: Swedish krona, krona

Definitions from the Web

Term: Swedish Monetary Unit

Description: The Swedish Monetary Unit refers to the official currency used in Sweden. The currency is known as the Swedish Krona (SEK) and is denoted by the symbol 'kr'. It is the primary monetary unit of the country and is issued by the Sveriges Riksbank, the central bank of Sweden. The Swedish Monetary Unit plays a vital role in conducting financial transactions and trade within Sweden.

Examples:

  1. He exchanged his Euros for Swedish Monetary Units before his trip to Stockholm.
  2. The value of the Swedish Monetary Unit has seen fluctuations in recent months.
  3. As a tourist, it is essential to have some Swedish Monetary Units in cash for small purchases.
  4. The bank offers convenient services for converting various currencies to Swedish Monetary Units.
  5. Sweden's economic stability is reflected in the strength of its national currency, the Swedish Monetary Unit.

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