What money do they use in sweden?

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Amari Wehner asked a question: What money do they use in sweden?
Asked By: Amari Wehner
Date created: Tue, Jun 1, 2021 9:52 AM
Date updated: Sun, Aug 14, 2022 9:11 PM

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17 money tips i learned while living in sweden

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What kind of money do they use in Sweden?

  • Sweden has kept its own currency, the Swedish krona, after the Swedish residents rejected the adoption of the euro in a referendum. The central bank of Sweden is the Sveriges Riksbank, and is the oldest central bank in the world, having been founded in 1668. It focuses on price stability by monitoring inflation.

The monetary unit in Sweden is the krona SEK (plural “kronor”) and equals 100 öre. Banknotes are printed in values of 20, 50, 100, 200, 500 and 1,000 kronor.

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Swedish kronor(Sing. Krona). Literally mean Crowns. Abbreviated SEK.

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