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Secret to Swedish Krona Converter and calculator

Convert 1Secret (SCRT) to Swedish Krona (SEK) equals kr 5.74 | Bitget
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Last updated 2024/12/30 17:11:04 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Secret(SCRT) to Swedish Krona(SEK). This is the real-time data. The current conversion shows 1 SCRT at a value of 1 SCRT for 5.74 SEK . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

SEK information

About the Swedish Krona (SEK)

What Is the Swedish Krona (SEK)?

The Swedish Krona (SEK), often referred to as the Swedish crown, is the official currency of Sweden. The term "krona" means "crown" in Swedish, which is a fitting name for the currency of the Kingdom of Sweden. The SEK is represented by the ISO code SEK and each krona is subdivided into 100 öre. The Swedish Krona is the sole legal tender in Sweden, and it is used for all transactions within the country.

The Swedish Krona (SEK) is issued by Sveriges Riksbank, also known as the Swedish Central Bank or Riksbanken. Sveriges Riksbank is the central bank of Sweden and is responsible for issuing the country's currency, including both banknotes and coins. As the central bank, Riksbanken also plays a key role in maintaining the stability of the Swedish financial system and implementing the country's monetary policy.

What Is the History of SEK?

The adoption of the Krona was a result of the Scandinavian Monetary Union formed in 1876, which included Sweden, Denmark, and Norway. Initially, the Krona was linked to the gold standard, with its value defined as 1/2480 kilograms of pure gold. This union lasted until the outbreak of World War I, after which the countries retained the currency names but moved to separate currencies.

Notes and Coins of SEK

Coins are issued in denominations of 1, 2, 5, and 10 kronor, reflecting a blend of traditional and modern design elements that symbolize Sweden's rich heritage and progressive values. The banknotes, on the other hand, are available in denominations of 20, 50, 100, 200, 500, and 1000 kronor, each featuring notable Swedish figures and cultural landmarks, and are renowned for their advanced security features.

What Is e-Krona?

In recent years, Sweden has seen a substantial decline in the use of cash, leading to the exploration of a digital currency, the e-Krona. The digital currency is operated by the Riksbank. The concept of the e-Krona is to offer a state-issued digital currency, accessible to everyone, and functioning alongside traditional banknotes and coins. The e-Krona would not replace cash but rather serve as an additional payment option, ensuring the public's continued access to state money in a digital form. It's designed to strengthen the resilience of the payment market by providing an alternative to private money, such as bank deposits, and to foster financial inclusion. The Riksbank has been actively exploring various technical solutions for the e-Krona and examining legal aspects to ensure a clear mandate for its issuance.

Why Does Sweden Not Use the Euro?

Sweden has not adopted the Euro as its currency due to the outcome of a 2003 referendum in which the majority of Swedish voters, approximately 56%, opposed the switch from the Swedish Krona to the Euro. This decision was influenced by several factors, including concerns about losing control over national monetary policy and the desire to preserve the Krona as a symbol of national sovereignty. Economic considerations also played a significant role, as there were apprehensions about the potential impact on inflation and interest rates, coupled with the strong performance of the Swedish economy and the Krona compared to some Eurozone countries.

Is SEK a Stable Currency?

The Swedish Krona (SEK) is generally considered a stable currency. This stability is attributed to Sweden's robust economy, effective monetary policies, and a strong institutional framework. The Riksbank, Sweden's central bank, plays a crucial role in maintaining this stability through its monetary policy decisions. Historically, the SEK has shown resilience in the face of global economic uncertainties, and its value has been relatively stable compared to other major currencies. The economic outlook for Sweden often influences the Krona's strength, and the country's commitment to maintaining a balanced budget and low public debt contributes to the currency's stability. While all currencies are subject to market fluctuations, the SEK's stability is supported by Sweden's solid economic fundamentals and prudent fiscal policies.

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Bitget crypto-to-fiat exchange data shows that the most popular Secret currency pair is the SCRT to SEK, with for Secret's currency code being SCRT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SEK.

SCRT to SEK conversion rate trend

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Live Secret (SCRT) price chart
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In the past 1D, Secret has changed +12.96% to SEK. Based on the trend and price charts, Secret(SCRT) has changed +12.96% to SEK while Swedish Krona(SEK) has changed -11.47% to SCRT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
kr5.83
0.0200% / 0.0320%vip-iconVIP 7
Binance
kr5.6
0.1000% / 0.1000%
Yes
Huobi
kr5.61
0.1000% / 0.1000%
Yes
Gate.io
kr5.61
0.1000% / 0.1000%
Yes
Bybit
kr5.58
0.1000% / 0.1000%
Yes
KuCoin
kr5.6
0.1000% / 0.1000%
Yes
Last updated 2024/12/30 16:00:15(UTC+0)

How to buy Secret

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Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Secret (SCRT)
Use a variety of payment options to buy Secret on Bitget. We'll show you how.

Buy SCRT (or USDT) for SEK (Swedish Krona) offers

Bitget P2P trading does not currently support direct buying of SCRT with SEK. However, you can buy USDT in Bitget P2P trading first, and then buy SCRT with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell SCRT (or USDT) for SEK (Swedish Krona) offers

Bitget P2P trading currently does not support direct selling of SCRT to SEK. However, you can first exchange SCRT for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of Secret to Swedish Krona?

Secret to Swedish Krona is rising this week.
Secret's current market price is kr 5.74 per SCRT, with a total market cap of kr 1,703,809,438.48 SEK based on a circulating supply of 296,935,040 SCRT. The trading volume of Secret has changed by -19.15% (kr -138,394,967.47 SEK) in the last 24 hours. Last trading day, SCRT's trading volume was kr 722,591,018.8.
Market cap
$154.15M
24h volume
$52.85M
Circulating supply
296.94M SCRT

Conversion tables

The exchange rate of Secret is decreasing.
1 SCRT is currently valued at kr 5.74 SEK , which means buying 5 SCRT will cost kr 28.69 SEK . Similarly, kr1 SEK can be traded for 0.1743 SCRT, and kr50 SEK can be converted to 8.71 SCRT, excluding any platform or gas fees.
The exchange rate of 1 SCRT to Swedish Krona has changed by +33.99% in the last 7 days. In the last 24 hours, the rate has fluctuated by +12.96%, reaching a high of 6.45 SEK and a low of 5.12 SEK . One month ago, the value of 1 SCRT was kr 7.53 SEK , which represents a -23.49% change from its current value. Over the last year, Secret has changed by
+kr
0.1302SEK
, resulting in a change of +2.28% in its value.

SCRT to SEK

Amount
17:11 today
0.5 SCRT
kr2.87
1 SCRT
kr5.74
5 SCRT
kr28.69
10 SCRT
kr57.38
50 SCRT
kr286.9
100 SCRT
kr573.8
500 SCRT
kr2,868.99
1000 SCRT
kr5,737.99

SEK to SCRT

Amount17:11 today
0.5SEK0.08714  SCRT
1SEK0.1743  SCRT
5SEK0.8714  SCRT
10SEK1.74  SCRT
50SEK8.71  SCRT
100SEK17.43  SCRT
500SEK87.14  SCRT
1000SEK174.28  SCRT

Today vs. 24 hours ago

Amount17:11 today24 hours ago24h change
0.5 SCRT$0.2596$0.2293
+12.96%
1 SCRT$0.5191$0.4586
+12.96%
5 SCRT$2.6$2.29
+12.96%
10 SCRT$5.19$4.59
+12.96%
50 SCRT$25.96$22.93
+12.96%
100 SCRT$51.91$45.86
+12.96%
500 SCRT$259.57$229.32
+12.96%
1000 SCRT$519.13$458.63
+12.96%

Today vs. 1 month ago

Amount17:11 today1 month ago1M change
0.5 SCRT$0.2596$0.3405
-23.49%
1 SCRT$0.5191$0.6810
-23.49%
5 SCRT$2.6$3.41
-23.49%
10 SCRT$5.19$6.81
-23.49%
50 SCRT$25.96$34.05
-23.49%
100 SCRT$51.91$68.1
-23.49%
500 SCRT$259.57$340.52
-23.49%
1000 SCRT$519.13$681.04
-23.49%

Today vs. 1 year ago

Amount17:11 today1 year ago1Y change
0.5 SCRT$0.2596$0.2537
+2.28%
1 SCRT$0.5191$0.5074
+2.28%
5 SCRT$2.6$2.54
+2.28%
10 SCRT$5.19$5.07
+2.28%
50 SCRT$25.96$25.37
+2.28%
100 SCRT$51.91$50.74
+2.28%
500 SCRT$259.57$253.68
+2.28%
1000 SCRT$519.13$507.35
+2.28%

Secret price prediction

What will the price of SCRT be in 2025?

Based on SCRT's historical price performance prediction model, the price of SCRT is projected to reach $0.4516 in 2025.

What will the price of SCRT be in 2030?

In 2030, the SCRT price is expected to change by -5.00%. By the end of 2030, the SCRT price is projected to reach $0.5390, with a cumulative ROI of +24.99%.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.