Navigating currency exchange rates is crucial for businesses, travelers, and anyone dealing with international transactions. When it comes to converting Euro to Swedish Krona (SEK), accessing reliable and official data is paramount. This article delves into the European Commission’s official monthly accounting rates for the euro, providing a trustworthy resource for Euro to SEK conversion and historical exchange rate information.
The European Commission provides these rates in accordance with Article 19 of the Financial Regulation. These rates are specifically utilized for calculating reimbursements for expenses, travel, and subsistence costs for external individuals participating in European Commission meetings and related activities. This ensures transparency and accuracy in EU budget implementation.
Beyond its internal applications, this converter is also a valuable tool for the general public. Anyone needing monthly currency conversion rates, specifically Euro to SEK, can benefit from this resource. The data is available from the current month all the way back to 1994, offering a comprehensive historical perspective on the Euro to SEK exchange rate.
These exchange rates are meticulously sourced from the market rates quoted by the European Central Bank (ECB). Specifically, they reflect the market rates from the second to last day of the preceding month. In cases where ECB data is unavailable, rates are sourced from delegations or other reliable sources close to that date, ensuring consistent and dependable information.
InforEuro expands its utility by providing rates for both current and historical currencies, encompassing countries within and outside the European Union. For each currency, including SEK, the converter offers historical conversion rates against the euro (and against the ecu prior to December 1998). This wealth of historical data is readily accessible in electronic format as downloadable files, dating back to March 1994.
It is important to note that the information provided is strictly for informative purposes, primarily intended for the implementation of the EU budget. While every effort is made to ensure accuracy, the European Commission provides this information without warranty and assumes no responsibility for any reliance on the published rates. This resource serves as an informational guide and does not grant users any rights. General inquiries from the public may not be addressed.
For further information, you can reach out to the contact provided: tresorerieec [dot] europa [dot] eu.
Learn more about the euro and its role in the European Union.