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Swedish krona

File:Collage_SEK.png · Wikimedia Commons · See Wikimedia Commons

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Swedish krona

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Also known as SEK

currency of Sweden

AI overview

The Swedish krona is the official money used in Sweden for buying goods and services. It matters because it's essential for Sweden's economy and daily commerce, and its value affects how Swedish businesses trade with other countries and how much Swedish exports and imports cost internationally.

AI-generated from the Wikipedia summary — may contain errors.

Wikidata facts

Instance of
crown
Has part
coin
Country
Sweden
Manufacturer
Mint of Finland
Image
Femkronan 1976 fram high.jpg
Show 10 more facts
Commons category
Swedish krona
central bank/issuer
Sveriges Riksbank
location of creation
Mint of Finland
short name
SEK
price
0.09718
unit symbol
kr
applies to jurisdiction
Sweden
conversion to standard unit
0.1135460429204042
subdivision of this unit
öre
start time
1924-00-00
Sources (3)

via Wikidata · CC0

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Encyclopedic overview

ISO 4217 CodeSEK (numeric: 752) Subunit0.01 Unit Pluralkronor Symbolkr and :-‎ Nicknamespänn; riksdaler; crowns (English); lax/lakan/lök, papp, (rarely) bagare/bagis (1000 kr); röding (500 kr) Denominations Subunit   1⁄100öre Plural  öreöre/ören Banknotes  Freq. used20, 50, 100, 200, 500 kr  Rarely used1000 kr Coins  Freq. used1, 2, 5, 10 kr Demographics Date of introduction1873 ReplacedSwedish riksdaler User(s) Sweden Issuance Central bankSveriges Riksbank  Websitewww.riksbank.se/en-gb/ PrinterDe La Rue Valuation Inflation0.8% (target 2.0%)  SourceFebruary 2025  MethodCPI

The krona ( Swedish: [ˈkrûːna] ; plural: kronor; sign: kr; code: SEK) is the currency of Sweden. Both the ISO code "SEK" and currency sign "kr" are in common use for the krona; the former precedes or follows the value, the latter usually follows it but, especially in the past, it sometimes preceded the value. In English, the currency is sometimes referred to as the Swedish crown, as krona means "crown" in Swedish. As the ninth-most traded currency in the world by value, the Swedish krona is one of the world's G10 currencies, and is the fourth-most traded from Europe after the euro, British pound and Swiss franc. Banknotes are issued by the Sveriges Riksbank.

Excerpted from Wikipedia’s “Swedish krona” article, available under the CC BY-SA 4.0 licence.

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