The Swedish Kroner

Swedish Kroner information

The Krone is the official currency of Sweden since 1873 as a result of a monetary union between Sweden, Norway and Denmark. When this union was dissolved with the start of the World War I, the three countries decided to keep calling their currencies with the same name. For this reason we have the Swedish krone, the Norwegian krone and the Danish krone. The ISO 4217 code  is SEK.

In 2011, the Riksbank (Central Bank of Sweden) prepared a contest that was held in 2012 to design the new banknotes. The winning piece was "Kulturresan" (Cultural trip) Göran Osterlund. In this cultural series of banknotes, appears different relevant characters of the Swedish culture. For example, in the note of 100 krone we will see the image of Greta Garbo, an actress that was born in Stockholm. Another novelty is that they will introduce a new note of 200 krone to facilitate payments and change in amounts of between 100 and 500 krone.

These new notes will come to light in 2015 and the old notes will no longer be in circulation progressively from that time.

The coins also are going to go through a modernization. The new krone coins will be smaller and lighter than the current ones while keeping the same layout. In addition they are also bringing back the coin of 2 krone that not been minted since 1971.

In the case of the coins, we will have to wait until 2016 to see them in circulation.

More information about swedish bankontes and coins. Remember, if you are going to visit Sweden, you can reserve your swedish krones in advance in our web and you can check the daily rate.

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