Krona: meaning, definitions and examples
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krona
[ หkroสnษ ]
currency unit
The term 'krona' refers to the currency unit in Sweden, represented by the symbol SEK. It is also used in Iceland where it is called the Icelandic krรณna (ISK). The Swedish krona is subdivided into 100 รถre, although รถre coins are no longer in circulation. The krona is used in everyday transactions in Sweden and is recognized internationally in the forex market. The name 'krona' translates to 'crown' in English, reflecting its historical royal connections.
Examples of usage
- I exchanged my dollars for kronor before my trip to Sweden.
- The price of this sweater is 500 kronor.
- He saved up 1000 kronor for his vacation.
- The value of the krona has fluctuated against the euro.
Translations
Translations of the word "krona" in other languages:
๐ต๐น coroa
๐ฎ๐ณ เคเฅเคฐเคพเคเคจ
๐ฉ๐ช Krone
๐ฎ๐ฉ mahkota
๐บ๐ฆ ะบัะพะฝะฐ
๐ต๐ฑ korona
๐ฏ๐ต ใฏใฉใฆใณ
๐ซ๐ท couronne
๐ช๐ธ corona
๐น๐ท taรง
๐ฐ๐ท ํฌ๋ก๋
๐ธ๐ฆ ุชุงุฌ
๐จ๐ฟ koruna
๐ธ๐ฐ koruna
๐จ๐ณ ๅ ๆ
๐ธ๐ฎ krona
๐ฎ๐ธ krona
๐ฐ๐ฟ ะบัะพะฝะฐ
๐ฌ๐ช แแ แแแ
๐ฆ๐ฟ krona
๐ฒ๐ฝ corona
Etymology
The word 'krona' has its origins in the Old Norse word 'krona,' which means 'crown.' The use of the term as a currency dates back to the adoption of various forms of monetary systems in Sweden and Iceland. The Swedish krona was introduced as a modern currency in 1873, replacing the riksdaler at a rate of 1 krona = 1 riksdaler. Similarly, the Icelandic krรณna was introduced in 1885. Both currencies represent a significant aspect of their nations' economies. Over the years, the value of the krona has been influenced by various economic factors, including inflation, local production, and global exchange rates, yet it has maintained its status as a vital and stable currency in the Scandinavian region.