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Krona is a currency of which of the following country?
South Africa
Myanmar
Sweden
Uganda
None of the above
Sweden
The Swedish krona is the official currency of Sweden, denoted by the ISO code SEK and the symbol kr. It has been the legal tender of Sweden since 1873, when it replaced the riksdaler.
The Swedish krona is the official currency of Sweden, denoted by the ISO code SEK and the symbol kr. It has been the legal tender of Sweden since 1873, when it replaced the riksdaler.
The Scandinavian Monetary Union was established in 1873, allowing Sweden, Denmark, and Norway to share the same currency name (krona/krone), though they remain distinct currencies today.
ISO code for Swedish krona is SEK.
The currency is subdivided into 100 ore, although coins in ore denominations are no longer in circulation.
The Swedish central bank, Sveriges Riksbank, is the oldest central bank in the world.
South Africa uses the Rand (ZAR) as its official currency.
Myanmar utilizes the Kyat (MMK) as its official currency.
Uganda uses the Ugandan Shilling (UGX) as its official currency.
Sweden is a member of the European Union but has maintained its own currency, the krona, rather than adopting the Euro.
C is correct тАФ The Swedish krona is the national currency of Sweden, administered by the Sveriges Riksbank.
When studying world currencies for exams, group countries by their currency family, such as the Scandinavian currencies (krona/krone) or the CFA Franc zone in Africa, as examiners often use similar-sounding names to confuse candidates.
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