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The Swedish Krona (SEK) is the official currency of Sweden, symbolized by 'kr'. It is subdivided into 100 öre, though öre coins are no longer in circulation. The Krona is issued and regulated by the Sveriges Riksbank, Sweden's central bank, and serves as a vital component of the country's economy, facilitating trade and everyday transactions.
The Nigerian Naira (NGN) is the official currency of Nigeria, introduced in 1973 to replace the Nigerian pound. It is subdivided into 100 kobo and is regulated by the Central Bank of Nigeria, which is responsible for issuing banknotes and coins as well as managing monetary policy.