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base info THORChain

THORChain to Swedish Krona Converter and calculator

Convert 1THORChain (RUNE) to Swedish Krona (SEK) equals kr 53.05 | Bitget

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 THORChain currency pair is the RUNE to SEK, with for THORChain's currency code being RUNE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SEK.

RUNE to SEK conversion rate trend

In the past 1D, THORChain has changed -6.22% to SEK. Based on the trend and price charts, THORChain(RUNE) has changed -6.22% to SEK while Swedish Krona(SEK) has changed % to RUNE in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
0.0001% / 0.0004%vip-iconVIP
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
Last updated 2024/04/17 21:00:30(UTC+0)

What factors influence the conversion rate of THORChain to Swedish Krona?

THORChain to Swedish Krona is falling this week.
THORChain's current market price is kr 53.05 per RUNE, with a total market cap of kr 17,733,134,847.69 SEK based on a circulating supply of 334,259,460 RUNE. The trading volume of THORChain has changed by -10.48% (kr -435,801,358.10 SEK) in the last 24 hours. Last trading day, RUNE's trading volume was kr 4,158,727,365.64.
Market cap
24h volume
Circulating supply
334.26M RUNE

Conversion tables

The exchange rate of THORChain is decreasing.
1 RUNE is currently valued at kr 53.05 SEK , which means buying 5 RUNE will cost kr 265.26 SEK . Similarly, kr1 SEK can be traded for 0.01885 RUNE, and kr50 SEK can be converted to 0.9425 RUNE, excluding any platform or gas fees.
The exchange rate of 1 RUNE to Swedish Krona has changed by -34.99% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.22%, reaching a high of 57.14 SEK and a low of 50.78 SEK . One month ago, the value of 1 RUNE was kr 91.34 SEK , which represents a -41.96% change from its current value. Over the last year, THORChain has changed by
, resulting in a change of +185.41% in its value.


21:44 today
0.5 RUNE
100 RUNE
500 RUNE
1000 RUNE


Amount21:44 today
0.5SEK0.009425  RUNE
1SEK0.01885  RUNE
5SEK0.09425  RUNE
10SEK0.1885  RUNE
50SEK0.9425  RUNE
100SEK1.88  RUNE
500SEK9.42  RUNE
1000SEK18.85  RUNE

Today vs. 24 hours ago

Amount21:44 today24 hours ago24h change
0.5 RUNE$2.41$2.57
1 RUNE$4.83$5.14
5 RUNE$24.13$25.72
10 RUNE$48.25$51.45
50 RUNE$241.26$257.24
100 RUNE$482.53$514.48
500 RUNE$2,412.64$2,572.4
1000 RUNE$4,825.28$5,144.81

Today vs. 1 month ago

Amount21:44 today1 month ago1M change
0.5 RUNE$2.41$4.15
1 RUNE$4.83$8.31
5 RUNE$24.13$41.54
10 RUNE$48.25$83.08
50 RUNE$241.26$415.4
100 RUNE$482.53$830.81
500 RUNE$2,412.64$4,154.04
1000 RUNE$4,825.28$8,308.09

Today vs. 1 year ago

Amount21:44 today1 year ago1Y change
0.5 RUNE$2.41$0.8480
1 RUNE$4.83$1.7
5 RUNE$24.13$8.48
10 RUNE$48.25$16.96
50 RUNE$241.26$84.8
100 RUNE$482.53$169.59
500 RUNE$2,412.64$847.97
1000 RUNE$4,825.28$1,695.94


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