About the Swedish Krona
The Swedish Krona was introduced as part of the Scandinavian Monetary Union, which also included Denmark and Norway. Sweden maintained the 'krona' after the union dissolved.
The name 'Krona' means 'crown' in Swedish, a common name for currencies in monarchies.
Interesting Facts
World's Oldest Central Bank
Sveriges Riksbank, Sweden's central bank, is the oldest central bank in the world, founded in 1668.
Cultural Icons on Notes
The current series of Swedish banknotes features prominent cultural figures, such as Astrid Lindgren (Pippi Longstocking's author) and Ingmar Bergman (film director).
The e-Krona Project
Sweden is a pioneer in exploring central bank digital currencies (CBDCs) with its ongoing e-Krona project, a digital complement to cash.
Historical Timeline
Sveriges Riksbank, the world's oldest central bank, is founded.
The Krona is introduced.
The Scandinavian Monetary Union is dissolved.
A new series of banknotes with cultural themes is introduced.
The Riksbank introduces e-krona project, exploring a central bank digital currency.
Denominations
Banknotes
Coins
Security Features
Quick Facts
- ISO Code
- SEK
- Symbol
- kr
- Numeric Code
- 752
- Subunit
- Öre (1/100)
- Introduced
- 1873-01-01
Central Bank
- Name
- Sveriges Riksbank
- Headquarters
- Stockholm, Sweden
- Founded
- 1668
- Current Governor
- Erik Thedéen (since 2023)
Economic Data
- Reserve Currency Share
- 0.1%
- Forex Volume Share
- 2.0%
- Inflation Rate
- 3.9%
- Interest Rate
- 3.75%
Exchange Rates
What Affects the SEK Exchange Rate?
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