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For example, if there are ¥120 to the dollar and €1.2 to the dollar then the number of yen per euro is 120/1.2 = 100. The magnitude of the numbers in the list does not indicate, by themselves, the strength or weakness of a particular currency. For example, the U.S. dollar could be rebased tomorrow so that 1 new dollar was worth 100 old dollars.
In 2017 the price of gold is 365,289 kronor per kg. So one öre in 1873 bought as much gold as 1.47 kronor in 2017. So if it is reasonable to have the smallest denomination coin 1 krona today, in 1873 a reasonable smallest denomination coin was 1 öre.
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(Britain, colloquial, historical) A quarter of a pound or one crown, historically minted as a coin of approximately the same size and composition as a then-contemporary dollar coin of the United States, and worth slightly more. 1990 October 28, Paul Simon, “Born at the Right Time”, The Rhythm of the Saints, Warner Bros.
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