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base info Lido DAO

Lido DAO to Swedish Krona Converter and calculator

Convert 1Lido DAO (LDO) to Swedish Krona (SEK) equals kr 22.93 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Lido DAO(LDO) to Swedish Krona(SEK). This is the real-time data. The current conversion shows 1 LDO at a value of 1 LDO for 22.93 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 Lido DAO currency pair is the LDO to SEK, with for Lido DAO's currency code being LDO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SEK.

LDO to SEK conversion rate trend

1D7D1M3M1YAll
In the past 1D, Lido DAO has changed +6.71% to SEK. Based on the trend and price charts, Lido DAO(LDO) has changed +6.71% to SEK while Swedish Krona(SEK) has changed % to LDO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
kr22.78
0.0001% / 0.0004%vip-iconVIP
Binance
kr22.83
0.1000% / 0.1000%
Yes
OKX
kr22.84
0.080% / 0.100%
Yes
Huobi
kr22.82
0.1000% / 0.1000%
Yes
Gate.io
kr22.81
0.1000% / 0.1000%
Yes
Bybit
kr22.84
0.1000% / 0.1000%
Yes
KuCoin
kr22.75
0.1000% / 0.1000%
Yes
Bitfinex
kr22.85
0.1000% / 0.1000%
Yes
Last updated 2024/04/21 01:00:34(UTC+0)

What factors influence the conversion rate of Lido DAO to Swedish Krona?

Lido DAO to Swedish Krona is rising this week.
Lido DAO's current market price is kr 22.93 per LDO, with a total market cap of kr 20,443,313,552.57 SEK based on a circulating supply of 891,733,700 LDO. The trading volume of Lido DAO has changed by -35.01% (kr -253,851,870.62 SEK) in the last 24 hours. Last trading day, LDO's trading volume was kr 725,088,034.26.
Market cap
$1.87B
24h volume
$43.18M
Circulating supply
891.73M LDO

Conversion tables

The exchange rate of Lido DAO is decreasing.
1 LDO is currently valued at kr 22.93 SEK , which means buying 5 LDO will cost kr 114.63 SEK . Similarly, kr1 SEK can be traded for 0.04362 LDO, and kr50 SEK can be converted to 2.18 LDO, excluding any platform or gas fees.
The exchange rate of 1 LDO to Swedish Krona has changed by +17.12% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.71%, reaching a high of 23.08 SEK and a low of 21.36 SEK . One month ago, the value of 1 LDO was kr 30.96 SEK , which represents a -25.97% change from its current value. Over the last year, Lido DAO has changed by
+kr
0.7002SEK
, resulting in a change of +3.15% in its value.

LDO to SEK

Amount
01:10 am today
0.5 LDO
kr11.46
1 LDO
kr22.93
5 LDO
kr114.63
10 LDO
kr229.25
50 LDO
kr1,146.27
100 LDO
kr2,292.54
500 LDO
kr11,462.68
1000 LDO
kr22,925.36

SEK to LDO

Amount01:10 am today
0.5SEK0.02181  LDO
1SEK0.04362  LDO
5SEK0.2181  LDO
10SEK0.4362  LDO
50SEK2.18  LDO
100SEK4.36  LDO
500SEK21.81  LDO
1000SEK43.62  LDO
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Today vs. 24 hours ago

Amount01:10 am today24 hours ago24h change
0.5 LDO$1.05$0.9843
+6.71%
1 LDO$2.1$1.97
+6.71%
5 LDO$10.5$9.84
+6.71%
10 LDO$21.01$19.69
+6.71%
50 LDO$105.03$98.43
+6.71%
100 LDO$210.06$196.86
+6.71%
500 LDO$1,050.31$984.3
+6.71%
1000 LDO$2,100.62$1,968.6
+6.71%

Today vs. 1 month ago

Amount01:10 am today1 month ago1M change
0.5 LDO$1.05$1.42
-25.97%
1 LDO$2.1$2.84
-25.97%
5 LDO$10.5$14.19
-25.97%
10 LDO$21.01$28.37
-25.97%
50 LDO$105.03$141.86
-25.97%
100 LDO$210.06$283.72
-25.97%
500 LDO$1,050.31$1,418.62
-25.97%
1000 LDO$2,100.62$2,837.24
-25.97%

Today vs. 1 year ago

Amount01:10 am today1 year ago1Y change
0.5 LDO$1.05$1.02
+3.15%
1 LDO$2.1$2.04
+3.15%
5 LDO$10.5$10.18
+3.15%
10 LDO$21.01$20.36
+3.15%
50 LDO$105.03$101.82
+3.15%
100 LDO$210.06$203.65
+3.15%
500 LDO$1,050.31$1,018.23
+3.15%
1000 LDO$2,100.62$2,036.47
+3.15%

FAQ

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.