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SEK - Swedish Krona rates, news, and tools | Xe

- Swedish Krona rates, news, and tools | XeSkip to ContentPersonalBusinessSend MoneyConverterCurrency APIToolsCurrency ChartsTrends for any currencyRate AlertsSet your target rate and get alertedHistorical Currency RatesCheck rates for any dateIBAN CalculatorSearch and validate IBANsAppsSmartphone apps and moreMore ToolsResourcesHelp CenterRefer A FriendBlogMoney Transfer TipsCurrency EncyclopediaCurrency NewslettersGlossaryMore ResourcesSign InMoney TransferRate AlertsRegisterMoney TransferRate AlertsSend MoneyConverterCurrency APIToolsCurrency ChartsTrends for any currencyRate AlertsSet your target rate and get alertedHistorical Currency RatesCheck rates for any dateIBAN CalculatorSearch and validate IBANsAppsSmartphone apps and moreMore ToolsResourcesHelp CenterRefer A FriendBlogMoney Transfer TipsCurrency EncyclopediaCurrency NewslettersGlossaryMore ResourcesSign InSign InMoney TransferRate AlertsRegisterRegisterMoney TransferRate AlertsHomeCurrency EncyclopediaSEKSEK - Swedish KronaThe Swedish Krona is the currency of Sweden. Our currency rankings show that the most popular Swedish Krona exchange rate is the SEK to USD rate. The currency code for Kronor is SEK, and the currency symbol is kr. Below, you'll find Swedish Krona rates and a currency converter. Select a currencySEK – Swedish KronaContinueEarly Currency in Sweden

During the medieval period, Sweden used silver currency. In 1625, however, copper coins were introduced and the currency system was switched to a bimetallic standard. In 1745, Sweden suspended its copper standard, issued irredeemable banknotes, and imposed an in-convertible paper standard. Due to inflation and major economic problems, the currency depreciated and Sweden returned to the silver standard system in 1776.

From the Swedish Riksdaler to the Swedish Krona

The currency used from the 17th Century to 1873 was the Riksdaler. The system was quite complex, with subunits consisting of mark, öres, pennings, skillingars, and runstyckens. In 1855, Sweden adopted the decimal system when they introduced a new version of the Riksdaler: the Risksdaler Riksmynt. The Swedish Krona first came to existence when Sweden agreed to join the Scandinavian Monetary Union in 1873, alongside Denmark and Norway. All countries involved fixed their respective currencies against gold at par with one another to create monetary stability. This union lasted until World War I, when the countries lost their pegs to gold. Sweden kept the Krona currency after the monetary union was disbanded.

The SEK and the euro

Under the 1994 Accession Treaty, Sweden is supposed to join the Eurozone and adopt the euro. In 2003, however, a referendum was held, resulting in 56% opposition to joining. There is still much debate whether it would be in the best interest for the country to join and as such, has delayed the adoption of the euro.

Swedish Krona StatsNameSwedish KronaSymbolkrMinor unit1/100 = ören (discontinued)Minor unit symbolören (discontinued)Top SEK conversionSEK to USDTop SEK chartSEK to USD chartSwedish Krona ProfileNicknamesspänn, stålar, slant, bagare, bagis, pix, daler, para, lök, papp, riksdalerCoinsFreq used: kr1, kr5, kr10Bank notesFreq used: kr20, kr50, kr100, kr200, kr500Rarely used: kr1000Central bankSveriges RiksbankUsersSwedenSwedenWhy are you interested in SEK?I want to...Send a cheap money transfer to the United StatesSend a cheap money transfer to the United KingdomSend a cheap money transfer to CanadaSend a cheap money transfer to AustraliaSend a cheap money transfer to New ZealandSubscribe to SEK email updatesGet SEK rates on my phoneGet a SEK currency data API for my businessLive Currency RatesCurrencyRateChangeEUR / USD0.00000GBP / EUR0.00000USD / JPY0.00000GBP / USD0.00000USD / CHF0.00000USD / CAD0.00000EUR / JPY0.00000AUD / USD0.00000Central Bank RatesCurrencyInterest RateJPY-0.10%CHF1.75%EUR4.50%USD5.50%CAD5.00%AUD4.35%NZD5.50%GBP5.25%LanguageEnglishEnglish (UK)DeutschEspañolFrançaisPortuguêsItalianoSvenska日本語简体中文繁體中文العربيةTransfer MoneySend Money OnlineSend Money to IndiaSend Money to PakistanSend Money to MexicoSend Money to JapanSend Money to the UKSend Money to CanadaSend Money to AustraliaSend Money to New ZealandSend Money to Mobile WalletSecurityReport fraudTrustpilot ReviewsXE BusinessBusiness PaymentsInternational Business PaymentsGlobal Business PaymentsRisk ManagementEnterprise Resource PlanningCurrency Data API IntegrationAffiliate Referral Partner ProgramMass PaymentsAppsMoney Transfer & Currency AppsAndroid Money Transfer AppiOS Money Transfer AppTools & ResourcesBlogCurrency ConverterCurrency ChartsHistorical Currency RatesCurrency EncyclopediaCurrency Rate AlertsCurrency NewslettersIBAN CalculatorGlossaryCompany InfoAbout UsPartnershipsCareersHelp CenterSite MapLegalPrivacyCookie PolicyConsent ManagerMoney Transfer InformationFile a ComplaintAccessibility© 1995-2024 XE.com I

1 SEK to USD - Swedish Kronor to US Dollars Exchange Rate

K to USD - Swedish Kronor to US Dollars Exchange RateSkip to ContentPersonalBusinessSend MoneyConverterCurrency APIToolsCurrency ChartsTrends for any currencyRate AlertsSet your target rate and get alertedHistorical Currency RatesCheck rates for any dateIBAN CalculatorSearch and validate IBANsAppsSmartphone apps and moreMore ToolsResourcesHelp CenterRefer A FriendBlogMoney Transfer TipsCurrency EncyclopediaCurrency NewslettersGlossaryMore ResourcesSign InMoney TransferRate AlertsRegisterMoney TransferRate AlertsSend MoneyConverterCurrency APIToolsCurrency ChartsTrends for any currencyRate AlertsSet your target rate and get alertedHistorical Currency RatesCheck rates for any dateIBAN CalculatorSearch and validate IBANsAppsSmartphone apps and moreMore ToolsResourcesHelp CenterRefer A FriendBlogMoney Transfer TipsCurrency EncyclopediaCurrency NewslettersGlossaryMore ResourcesSign InSign InMoney TransferRate AlertsRegisterRegisterMoney TransferRate Alerts1 SEK to USD - Convert Swedish Kronor to US DollarsXe Currency ConverterConvertSendChartsAlertsAmount1krFromSEK – Swedish KronaToUSD – US Dollar1.00 Swedish Krona =0.097687606 US Dollars1 USD = 10.2367 SEKWe use the mid-market rate for our Converter. This is for informational purposes only. You won’t receive this rate when sending money. Login to view send ratesTrack currencyView transfer quoteSwedish Krona to US Dollar conversion — Last updated Mar 12, 2024, 18:50 UTCConvert Swedish Krona to US DollarSEKUSD1 SEK0.0976876 USD5 SEK0.488438 USD10 SEK0.976876 USD25 SEK2.44219 USD50 SEK4.88438 USD100 SEK9.76876 USD500 SEK48.8438 USD1,000 SEK97.6876 USD5,000 SEK488.438 USD10,000 SEK976.876 USDConvert US Dollar to Swedish KronaUSDSEK1 USD10.2367 SEK5 USD51.1836 SEK10 USD102.367 SEK25 USD255.918 SEK50 USD511.836 SEK100 USD1,023.67 SEK500 USD5,118.36 SEK1,000 USD10,236.7 SEK5,000 USD51,183.6 SEK10,000 USD102,367 SEKSEK to USD Chart1 SEK = 0 USD View full chart1 Swedish Krona to US Dollar statsLast 30 DaysLast 90 DaysHighThese are the highest points the exchange rate has been at in the last 30 and 90-day periods.0.0979280.10059LowThese are the lowest points the exchange rate has been at in the last 30 and 90-day periods.0.0944780.094283AverageThese are the average exchange rates of these two currencies for the last 30 and 90 days.0.0965280.096920VolatilityThese percentages show how much the exchange rate has fluctuated over the last 30 and 90-day periods.0.50%0.49%Currency InformationSEK - Swedish KronaOur currency rankings show that the most popular Swedish Krona exchange rate is the SEK to USD rate. The currency code for Swedish Kronor is SEK. The currency symbol is kr.More Swedish Krona infoUSD - US DollarOur currency rankings show that the most popular US Dollar exchange rate is the USD to USD rate. The currency code for US Dollars is USD. The currency symbol is $.More US Dollar infoPopular Swedish Krona (SEK) Currency PairingsSEK to EURSEK to GBPSEK to JPYSEK to CADSEK to AUDSEK to CHFSEK to CNYThe world's most popular currency toolsXe International Money TransferSend money online fast, secure and easy. Live tracking and notifications + flexible delivery and payment options.Send moneyXe Currency ChartsCreate a chart for any currency pair in the world to see their currency history. These currency charts use live mid-market rates, are easy to use, and are very reliable.View chartsXe Rate AlertsNeed to know when a currency hits a specific rate? The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs.Create alertXe Currency Data APIPowering commercial grade rates at 300+ companies worldwideSee our API plansDownload the Xe AppCheck live rates, send money securely, set rate alerts, receive notifications and more.Scan me!Over 70 million downloads worldwide4.5/5, 2.2k ratings3.8/5, 90.8k ratings4.7/5, 41.5k ratingsLanguageEnglishEnglish (UK)DeutschEspañolFrançaisPortuguêsItalianoSvenska日本語简体中文繁體中文العربيةTransfer MoneySend Money OnlineSend Money to IndiaSend Money to PakistanSend Money to MexicoSend Money to JapanSend Money to the UKSend Money to CanadaSend Money to AustraliaSend Money to New ZealandSend Money to Mobile WalletSecurityReport fraudTrustpilot ReviewsXE BusinessBusiness PaymentsInternational Business PaymentsGlobal Business PaymentsRisk ManagementEnterprise Resource PlanningCurrency Data API IntegrationAffiliate Referral Partner ProgramMass PaymentsAppsMoney Transfer & Currency AppsAndroid Money Transfer AppiOS Money Transfer AppTools & ResourcesBlogCurrency ConverterCurrency ChartsHistorical Currency RatesCurrency EncyclopediaCurrency Rate AlertsCurrency NewslettersIBAN CalculatorGlossaryCompany InfoAbout UsPartnershipsCareersHelp CenterSite MapLegalPrivacyCookie PolicyConsent ManagerMoney Transfer InformationFile a ComplaintAccessibility© 1995-2024 XE.com I

Swedish krona - Wikipedia

Swedish krona - Wikipedia

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1History

2Coins

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2.1Contemporary

2.2History

3Banknotes

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3.1Contemporary

3.2History

3.32015 series

3.3.1500 kr banknote controversy

4Exchange rate

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4.1Current SEK exchange rates

5Relationship to the euro

6Banknotes and coins per capita in circulation

7The e-krona

8See also

9References

10Further reading

11External links

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Swedish krona

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From Wikipedia, the free encyclopedia

Currency of Sweden

"Swedish crown" redirects here. For the Swedish monarchy, see Monarchy of Sweden. For the Swedish Crown of Poland, see Swedish Crown.

Swedish kronasvensk krona (Swedish)

Swedish krona banknotes10 kr coin

ISO 4217CodeSEK (numeric: 752)Subunit0.01UnitPluralkronorSymbolkr‎Nicknamespänn; riksdaler; crowns (English); lax/lakan/lök, papp, (rarely) bagare/bagis (1000 kr); röding (500 kr)DenominationsSubunit 1⁄100örePlural öreöre/örenBanknotes Freq. used20 kr, 50 kr, 100 kr, 200 kr, 500 kr Rarely used1000 krCoins1, 2, 5, 10 krDemographicsReplacedSwedish riksdalerUser(s) Kingdom of SwedenIssuanceCentral bankSveriges Riksbank Websitewww.riksbank.sePrinterNone as of 19 June 2018[citation needed]ValuationInflation3.3% (target 2.0%[1]) SourceNovember 2023[2] MethodCPI

The krona (Swedish: [ˈkrûːna] ⓘ; plural: kronor; sign: kr; code: SEK) is the currency of the Kingdom of Sweden. It is one of the currencies of the European Union. 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. The Swedish krona was the ninth-most traded currency in the world by value in April 2016.[3]

One krona is subdivided into 100 öre (singular; plural öre or ören, where the former is always used after a cardinal number, hence "50 öre", but otherwise the latter is often preferred in contemporary speech). Coins as small as 1 öre were formerly in use, but the last coin smaller than 1 krona was discontinued in 2010. Goods can still be priced in öre, but all sums are rounded to the nearest krona when paying with cash. The word öre is ultimately derived from the Latin word for gold (aurum).[4]

History[edit]

The introduction of the krona, which replaced the riksdaler at par, was a result of the Scandinavian Monetary Union, which came into effect in 1876 and lasted until the beginning of World War I. The parties to the union were the Scandinavian countries, where the name was krona in Sweden and krone in Denmark and Norway, which in English literally means "crown". The three currencies were on the gold standard, with the krona/krone defined as 1⁄2480 of a kilogram of pure gold.

The mutual equivalence of all three currencies ended in World War I when their convertibility to gold was suspended. While their gold parities remained during most of the interwar period, these currencies were generally quoted at varying market rates.[5]

Coins[edit]

Contemporary[edit]

On 11 September 2012, the Riksbank announced a new series of coins with new sizes to replace the 1-krona and 5-kronor coins; the new coins arrived in October 2016.[6][7] The design of the coins follows the theme of singer-songwriter Ted Gärdestad's song, "Sol, vind och vatten" (English: "Sun, wind and water"), with the designs depicting the elements on the reverse side of the coins. This also included the reintroduction of the 2-kronor coin, while the current 10-kronor coin remained the same. The new coins also have a new portrait of the king in their design. One of the reasons for a new series of coins was to end the use of nickel (for allergy reasons).[8] Vending machines and parking meters have to a fairly high degree stopped accepting coins and accept only bank cards or mobile phone payments.[9]

Swedish krona coins and volume in circulation as of 30 June 2020

Value

Diameter

Thickness

Weight

Composition

Current designissued since

Volume

Value SEK

1 krona

19.5 mm

1.79 mm

3.6 g

Copper-plated steel

2016

190 million

190 million

2 kronor

22.5 mm

1.79 mm

4.8 g

Copper-plated steel

2016

331 million

662 million

5 kronor

23.75 mm

1.95 mm

6.1 g

Nordic gold

2016

482 million

2,410 million

10 kronor

20.5 mm

2.9 mm

6.6 g

Nordic gold

1991

2,095 million

20,950 million

Nordic gold is 89% Cu, 5% Al, 5% Zn, 1% Sn.

History[edit]

Two golden 20 kr coins from the Scandinavian Monetary Union, which were based on a gold standard. The coin to the left is Swedish; the right is Danish.

Between 1873 and 1876, coins in denominations of 1, 2, 5, 10, 25, and 50 öre and 1, 2, 10, and 20 kronor were introduced. The 1, 2 and 5 öre were in bronze, the 10, 25, 50 öre and 1 krona and 2 kronor were in silver, and the 10 and 20 kronor were in gold. Gold 5-kronor coins were added in 1881.

In 1873 the Scandinavian Monetary Union currency was fixed so that 2,480 kronor purchased 1 kg of gold. 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. A 10 kr gold coin weighed 4.4803 grams with 900 fineness so that the fine weight was 4.03327 grams or exactly 1/248th of a kilogram.

In 1902, production of gold coins ceased, and was briefly restarted in 1920 and 1925 before ceasing entirely. Due to metal shortages during World War I, iron replaced bronze between 1917 and 1919. Nickel-bronze replaced silver in the 10, 25 and 50 öre in 1920, with silver returning in 1927.

Metal shortages due to World War II again led to changes in the Swedish coinage. Between 1940 and 1947, the nickel-bronze 10, 25 and 50 öre were again issued. In 1942, iron again replaced bronze (until 1952) and the silver content of the other coins was reduced. In 1962, cupronickel replaced silver in the 10-öre, 25-öre and 50-öre coins.[10]

In 1968, the 2-kronor switched to cupronickel and the 1-krona switched to cupronickel-clad copper (it was replaced entirely by cupronickel in 1982). Nonetheless, all previous mintages of the 1-krona (since 1875) and 2-kronor (since 1876) were still legal tender until 2017, though 2-kronor coins were extremely rarely seen in circulation as they have not been issued since 1971.[11] The 2-kronor coins contained 40% silver until 1966, which meant they had been for several years worth much more than face value, so most have been bought and melted down by arbitrageurs, and the rest are kept by collectors.

1 Swedish krona minted in 1973

In 1954, 1955 and 1971, 5-kronor silver coins were produced, with designs similar to contemporary 1-krona and 2-kronor coins. In 1972, a new, smaller 5-kronor coin was introduced, struck in cupronickel-clad nickel. The current design has been produced since 1976. 5-kronor coins minted since 1954 are legal tender but tend to be kept by collectors for their silver content.

The royal motto of the monarch is also inscribed on many of the coins. A new 5-kronor coin was designed in 1974, at a time when there were political efforts to abandon the monarchy and the young inexperienced king.[citation needed] The monarchy remained, but the 5-kronor was not given a portrait. Coins minted before 1974 have the same size, but contain the portrait of King Gustav VI Adolf and his royal motto.

Cash rounding (Swedish: öresavrundning), commonly called Swedish rounding, is a legally-enforced method of rounding off change, up or down, to the nearest unit of physical currency, while retaining the öre as pricing and accounting unit. It was required in conjunction with the phaseout of smaller coins, as follows:

1971: 1- and 2-öre phased out; change rounded to nearest 5-öre.

1984: 5- and 25-öre phased out; change rounded to nearest 10-öre.

1991: 10-öre phased out; change rounded to nearest 50-öre.

2010: 50-öre phased out; change rounded to nearest 1-krona.

In 1971 the 2-kronor coin ceased production. In 1972 the sizes of the 5-öre and 5-kronor coins were reduced.[12]

In 1991, aluminium-brass ("Nordic gold") 10-kronor coins were introduced; previous 10-kronor coins are not legal tender. In the same year bronze-coloured 50-öre coins were introduced.

On 18 December 2008, the Riksbank announced a proposal to phase out the 50-öre, the final öre coin, by 2010. The öre would still remain a subdivision unit for electronic payments.[13] The reasons may have included low purchasing power, higher production and distribution cost than the value and the coins cannot be used in most parking machines and vending machines.[14] On 25 March 2009, the Riksdag formally decided to enact the law to abolish 50-öre coins as legal tender. Under that law, the final date payments could be made with 50-öre coins was 30 September 2010. Remaining 50-öre coins could be exchanged at banks until the end of March 2011.

After the launch of the current coin series in 2016, all the old kronor coins have been invalid since 2017. They cannot be used for payments, nor can they be exchanged for legal tender at any bank, and are instead instructed to be recycled as metal.[15]

Jubilee and commemorative coins have been minted, and those since 1897 are also legal tender.[16]

Banknotes[edit]

Contemporary[edit]

Valid banknotes: Cultural Journey series[17][18]

Image

Value

Dimensions

Main color

Description

Obverse

Reverse

Obverse

Reverse

[1]

[2]

20 kronor

120 × 66 mm[19]

Purple

Astrid Lindgren, Pippi Longstocking, Three Crowns

Småland, Linnaea

[3]

[4]

50 kronor

126 × 66 mm[20]

Orange

Evert Taube, Three Crowns

Bohuslän, Rock Carvings in Tanum, Honeysuckle

[5]

[6]

100 kronor

133 × 66 mm[21]

Blue

Greta Garbo, Three Crowns

Stockholm

[7]

[8]

200 kronor

140 × 66 mm[22]

Green

Ingmar Bergman, Three Crowns

Gotland, Rauks

[9]

[10]

500 kronor

147 × 66 mm[23]

Red

Birgit Nilsson, Three Crowns

Öresund Bridge, Ox-eye daisy, Skåne

[11]

[12]

1,000 kronor

154 × 66 mm[24]

Brown

Dag Hammarskjöld, United Nations Secretariat Building, Flag of the United Nations, Three Crowns

Laponian area, Lappland

For table standards, see the banknote specification table.

History[edit]

1909 specimen of a Sveriges Riksbank 1,000-kronor note

In 1874, notes were introduced by the Riksbank in denominations of 1 krona and 5, 10, 50, 100 and 1,000 kronor. The 1 krona was only initially issued for two years, although it reappeared between 1914 and 1920. In 1939 and 1958, 10,000-kronor notes were issued.

Production of the 5-kronor note ceased in 1981, although a coin had been issued since 1972. With the introduction of a 10-krona coin in 1991, production of 10-kronor notes ceased and a 20-kronor note was introduced.

All remaining one krona banknotes became invalid after 31 December 1987. All remaining five krona and ten krona banknotes became invalid after 31 December 1998.[25]

An exhaustive list of every banknote design since 1874 is not included, but the following five designs were or will be retired in 2016–2017. The oldest design began to be printed in 1985.

A 20-kronor banknote (a new denomination) was printed 1991–1995 with a portrait of the writer Selma Lagerlöf and on the reverse was an engraved interpretation of a passage from the book The Wonderful Adventures of Nils. The banknote became invalid after 31 December 2005. A more secure version with the same portrait was printed from 1997 to 2008 and became invalid after 30 June 2016.

A 50-kronor banknote (3rd design since 1896) was printed 1996–2003 with a portrait of the singer Jenny Lind and on the reverse was a picture of a silver harp and its tonal range. The banknote became invalid after 31 December 2013. A more secure version with the same portrait was printed from 2006 to 2011 and became invalid after 30 June 2016.

A 100-kronor banknote (3rd design since 1898) was printed 1986–2000 with a portrait of the botanist Carl Linnaeus and on the reverse was a drawing of a bee pollinating a flower. The banknote became invalid after 31 December 2005. A more secure version with the same portrait was introduced in 2001 and became invalid after 30 June 2017.

A 500-kronor banknote (a new denomination) in a blue shade was introduced in 1985 with a portrait of King Charles XI and on the reverse an engraving depicts Christopher Polhem, the "father of Swedish engineering". These banknotes became invalid on 31 December 1998. A 500-kronor banknote (red, but without foil strips) with the same portrait was printed 1989–2000. This banknote became invalid after 31 December 2005. A more secure version with the same portrait was introduced in 2001 and became invalid after 30 June 2017. The banknote had some controversy in 1985 because of the executions of "Snapphane" guerrilla warriors that King Charles XI ordered.[26]

The first two designs of 1,000-kronor banknotes (printed from 1894 to 1950 and 1952–1973) became invalid on 31 December 1987. The third design with portrait of Jöns Jacob Berzelius (printed 1976–1988) and declared invalid on 31 December 1998. In preparation for retirement of the 10,000-kronor banknotes a new 1,000-kronor banknotes (of the 4th design / without foil strips) was printed from 1989 to 1991 with a portrait of Gustav Vasa and on the reverse a harvest picture from Olaus Magnus's Description of the Northern Peoples from 1555. Circulation peaked at over 48 million in 2001.

On 15 March 2006, the Riksbank introduced a new, more secure 1,000-kronor banknote with the same portrait and the Riksbank became the first central bank in the world to use the security feature of MOTION (a moving image in the striped band) on the new 1,000-kronor banknote. When the banknote is tilted, the picture in the striped band appears to move.[27] The Vasa banknote without security thread became invalid after 31 December 2013 at which time there was only 10 million in circulation. The Vasa banknotes with the security thread became invalid after 30 June 2016 at which time there was under 4 million in circulation. Replacement banknotes featuring Dag Hammarskjöld became valid on 1 October 2015, but were circulated in considerably fewer quantities (less than 3.5 million), thus reducing the supply of cash in Sweden.

The 10,000 krona banknote was always printed in small quantities as it was one of the most valuable banknotes in the world. The first design featuring the Head of Mercury was printed in 1939 and became invalid after 31 December 1987. The second design was printed 1958 and featured a portrait of Gustav VI Adolf, and became invalid after 31 December 1991.

Invalid banknotes can be redeemed via the Riksbank, with an administration fee of 200 kronor.

2015 series[edit]

On 6 April 2011, the Riksbank announced the names of the persons whose portraits would decorate the new series of banknotes that would be introduced in 2015. This would also include a new 200-kronor banknote. These are:

Astrid Lindgren on the 20-kronor banknote; purple

Evert Taube on the 50-kronor banknote; orange

Greta Garbo on the 100-kronor banknote; blue

Ingmar Bergman on the 200-kronor banknote; green

Birgit Nilsson on the 500-kronor banknote; red

Dag Hammarskjöld on the 1,000-kronor banknote; brown

On 24 April 2012, the Riksbank announced the base for the new designs of the banknotes, based on Göran Österlund's entry titled Cultural Journey.[28][17]

The first banknotes, the 20, 50, 200, and 1,000 krona, were issued on 1 October 2015 with the other two notes, the 100 and 500 krona, to follow on 3 October 2016.[29]

500 kr banknote controversy[edit]

Opera singer Malena Ernman has criticized the Riksbank for choosing a design where Birgit Nilsson has been depicted performing Die Walküre by Richard Wagner. She pointed out that it was very inappropriate to include something by Wagner, whose works were associated with Nazi Germany, in a time of increasing problems with antisemitism in Sweden. Wagner died long before the Nazi era, and the association is that Hitler liked his music. The Riksbank replied saying that it is "unfortunate that the choice of design is seen as negative", and stated that it is not going to be changed.[30]

Dagens Nyheter journalist Björn Wiman went further in his criticism, condemning the Riksbank for selecting Nilsson at all for the 500-kronor banknote. He brings up an example from Nilsson's 1995 autobiography, where she described Mauritz Rosengarten from Decca using antisemitic jokes about greed.[31]

Exchange rate[edit]

USD/Krona exchange rate

The cost of one Euro in Swedish krona (from 1999)

To see where Swedish krona ranks in "most traded currencies", read the article on the Foreign exchange market.

The exchange rate of the Swedish krona against other currencies has historically been dependent on the monetary policy pursued by Sweden at the time. Since the Swedish banking rescue, a managed float regimen has been upheld.[32]

The weakest the krona has been relative to the euro was 6 March 2009 when one euro bought 11.6465 SEK. The strongest the krona has been relative to the euro was on 13 August 2012 when one euro bought 8.2065 SEK. The weakness in the euro was due to the crisis in Greece which began in July 2012 and fear of further spreading to Italy and Spain. The average exchange rate since the beginning of 2002 when the euro banknote and coins were issued and 1 March 2017 was 9.2884 SEK/EUR.

Year

USD

EUR

GBP

CHF

1993

7.2768

9.1042

11.6993

5.2784

1994

7.6494

9.1390

11.8094

5.6536

1995

6.8301

9.2275

11.2644

6.0401

1996

6.7412

8.3996

10.4606

5.4377

1997

7.6342

8.6249

12.5048

5.2618

1998

8.0048

8.9306

13.1715

5.4966

1999

8.2010

8.8076

13.3720

5.5041

2000

9.4139

8.4465

13.8640

5.4254

2001

10.5702

9.2516

14.8691

6.1274

2002

9.8761

9.1627

14.5797

6.2448

2003

8.2107

9.1250

13.1946

6.0042

2004

7.5739

9.1268

13.4560

5.9125

2005

7.6133

9.2848

13.5782

5.9970

2006

7.4021

9.2549

13.5752

5.8842

2007

6.8221

9.2481

13.5281

5.6314

2008

6.5808

9.6055

12.0912

6.0585

2009

7.6458

10.6213

11.9260

7.0342

2010

7.2049

9.5413

11.1256

6.9114

2011

6.4969

9.0335

10.4115

7.3454

2012

6.7754

8.7053

10.7340

7.2227

2013

6.5140

8.6494

10.1863

7.0255

2014

6.8577

9.0969

11.2917

7.4903

2015

8.4350

9.3562

12.8962

8.7655

2016

8.5613

9.4704

11.5664

8.6882

2017

8.5380

9.6326

10.9896

8.6692

2018

8.6921

10.2567

11.5928

8.8836

2019

9.4604

10.5892

12.0658

9.5185

2020

9.2037

10.4867

11.7981

9.7978

2021

8.5815

10.1449

11.8022

9.3844

2022

10.1245

10.6317

12.4669

10.5949

2023

10.6128

11.4765

13.1979

11.8173

Current SEK exchange rates

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Relationship to the euro[edit]

Main article: Sweden and the euro

This section needs to be updated. Please help update this article to reflect recent events or newly available information. (January 2021)

According to the 1994 accession treaty (effective 1 January 1995), Sweden is required to join the eurozone and therefore must convert to the euro once the convergence criteria are met. Notwithstanding this, on 14 September 2003, a consultative Swedish referendum was held on the euro, in which 56% of voters were opposed to the adoption of the currency, out of an overall turnout of 82.6%.[33] The Swedish government has argued such a course of action is possible since one of the requirements for eurozone membership is a prior two-year membership of the ERM II. By simply not joining the exchange rate mechanism, the Swedish government is provided a formal loophole avoiding the theoretical requirement of adopting the euro.

Some of Sweden's major parties continue to believe it would be in the national interest to join, but all parties have pledged to abide by the results of the referendum,[needs update] and none have shown any interest in raising the issue again. There was an agreement among the parties not to discuss the issue before the 2010 general election. In a poll from May 2007, 33.3% were in favour, while 53.8% were against and 13.0% were uncertain.

In February 2009, Fredrik Reinfeldt, the prime minister of Sweden, stated that a new referendum on the euro issue will not be held until support is gained from the people and all the major parties. Therefore, the timing is now at the discretion of the Social Democrats. He added, the request of Mona Sahlin, former leader of the Social Democratic Party, for deferral of a new referendum until after the 2010 mandate period should be respected.[34]

As of 2014[update], support for Swedish membership of the euro among the general population is low. In September 2013, support fell as low as 9%.[35] The only party in the Riksdag that supports Swedish entry in the euro (as of 2015) is the Liberal Party.[36]

Banknotes and coins per capita in circulation[edit]

Sweden is a wealthy country and in the 1970s and 1980s the value of banknotes and coins per capita was one of the highest in the world. In 1991, the largest banknote worth 10,000kr that was in circulation since 1958 was declared invalid and no longer was legal tender. For a discussion of the financial and banking crisis that hit Sweden in the early 1990s see the article History of Sweden (1991–present) and Swedish banking rescue.

Unlike the United States, which by policy never declares issued money invalid, Sweden and most other European countries have a date when older series of banknotes or older coin designs are invalid and are no longer legal tender. Invalid old banknotes of any age can, however, be deposited in the Riksbank, and the value be sent to a bank account.[37]

From the years 2001 to 2008 banknotes and coins were circulated at a near constant level of around 12,000 krona per capita, but in 2006 a modified 1,000-krona banknote with a motion security strip was produced. Within seven years the banknotes without the strip were declared invalid, leaving only a radically reduced number of banknotes with foil valid. The Vasa 1,000-krona banknote without the foil strip became invalid after 31 December 2013, and the pieces with the foil strip are invalid after 30 June 2016. Also the Swish mobile payment system was established in Sweden in 2012 and become a popular alternative to cash payments.

Although many countries are performing larger and larger share of transactions by electronic means, Sweden is unique in that it is also reducing its cash in circulation by a significant percentage. According to Bank for International Settlements the last year Sweden was surpassed in cash on a per capita basis converted to United States dollars by the US in 1993, the Euro Area in 2003, Australia in 2007, Canada in 2009, United Kingdom and Saudi Arabia in 2013, South Korea in 2014, Russia in 2016, and Mexico in 2019. As of 2019 Sweden was still circulating more cash per person (converted to USD) than Argentina, Brazil, Turkey, India, Indonesia, and South Africa.

The tables show the value of the banknotes and coins per capita for participating countries on Committee on Payments and Market Infrastructures (CPMI).[38] Local currency is converted to US dollars using end of the year rates.[39]

Banknotes and coin in circulation in Sweden at end of year

Year

Per capita

% in 1000 SEK banknotes

End-of-year SEK/USD

Equivalent USD

Surpassing Sweden

%GDP

1988

6,459 kr

not largest note

6.1325

$1,053

1989

7,118 kr

not largest note

6.2270

$1,143

1990

7,174 kr

not largest note

5.6980

$1,259

1991

8,828 kr

not largest note

5.5500

$1,591

1992

8,529 kr

53.1%

7.0500

$1,210

1993

8,684 kr

52.6%

8.3325

$1,042

USA

1994

8,696 kr

51.8%

7.4615

$1,166

1995

8,682 kr

49.4%

6.6177

$1,312

1996

9,139 kr

47.8%

6.8859

$1,327

4.4%

1997

9,360 kr

47.4%

7.9082

$1,184

4.3%

1998

9,750 kr

47.5%

8.0770

$1,207

4.5%

1999

11,120 kr

47.5%

8.5233

$1,305

4.9%

2000

11,013 kr

47.0%

9.4909

$1,160

4.4%

2001

12,039 kr

45.2%

10.5540

$1,141

4.7%

2002

11,989 kr

43.8%

8.7278

$1,374

4.6%

2003

12,161 kr

41.9%

7.1892

$1,692

Euro Area

4.3%

2004

12,107 kr

41.8%

6.6226

$1,828

4.1%

2005

12,301 kr

41.0%

7.9584

$1,546

4.1%

2006

12,375 kr

37.6%

6.8644

$1,803

3.9%

2007

12,494 kr

34.0%

6.4136

$1,948

Australia

3.7%

2008

12,130 kr

30.6%

7.8106

$1,553

3.5%

2009

11,681 kr

28.7%

7.1165

$1,641

Canada

3.5%

2010

11,106 kr

27.3%

6.7097

$1,655

3.1%

2011

10,515 kr

25.2%

6.8877

$1,527

2.8%

2012

10,059 kr

22.3%

6.5045

$1,547

2.6%

2013

8,849 kr

11.3%

6.4238

$1,378

Saudi Arabia, UK

2.3%

2014

8,578 kr

9.4%

7.7366

$1,109

Korea

2.1%

2015

7,362 kr

7.7%

8.4408

$872

China

1.7%

2016

6,242 kr

7.7%

9.0622

$689

Russia

1.4%

2017

5,731 kr

8.3%

8.2080

$698

1.3%

2018

6,111 kr

7.3%

8.9562

$682

1.3%

2019

6,175 kr

6.6%

9.299

$664

Mexico

1.3%

2020

5,768 kr

6.2%

8.177

$742

1.3%

The circulation levels in the table above were reported to the Bank for International Settlements. Possible discrepancies with these statistics and other sources may be because some sources exclude "commemorative banknotes and coins" (3.20% of total for Sweden in 2015) and other sources exclude "banknotes and coin held by banks" (2.68% of total for Sweden in 2015) as opposed "banknotes and coin in circulation outside banks".

Circulation levels of cash on a per capita basis, are reduced by 51% from the high in 2007 compared to 2018. Speculation about Sweden declaring all banknotes and coins invalid at some future date is widespread in the media with Björn Ulvaeus as a celebrity advocate of a cashless Sweden which he believes will result in a safer society because simple robbery will involve stealing goods that must be fenced.[40]

The value of the payments between households, companies and authorities in Sweden amounts to about 20,000 kronor annual per capita in cash. In shops, almost one in seven payments is made in cash. More than half of the adult population has the Swish payment app. Annual withdrawals from Swedish ATMs in 2015 amount to 15,300 kronor per capita. According to Skingsley, "what some consumers, smaller companies and local clubs often see as a problem, is not so much getting hold of cash, but being able to deposit it in a bank account."

To see how circulation of the Swedish krona ranks compared to other currencies see Bank for International Settlements#Red Books.

The e-krona[edit]

The e-krona (electronic krona) is a proposed electronic currency to be issued directly by the Riksbank. It is different from the electronic transfers using commercial bank money as central bank money has no nominal credit risk, as it stands for a claim on the central bank, which cannot go bankrupt, at least not for debts in Swedish krona.[41]

The declining use of cash in Sweden is going to be reinforced cyclically. As more businesses find that they can function without accepting cash, the number of businesses refusing to accept cash will increase. That will re-enforce the need for more and more citizens to get the Swish app which is already used by half the population. Cash machines, which are controlled by a Swedish bank consortium, are being dismantled by the hundreds, especially in rural areas.[42]

The Riksbank has not taken a decision on issuing e-krona. First, the Riksbank needs to investigate a number of technical, legal and practical issues. "The declining use of cash in Sweden means that this is more of a burning issue for us than for most other central banks. Although it may appear simple at first glance to issue e-krona, this is something entirely new for a central bank and there is no precedent to follow". If the Riksbank chooses to issue e-krona, it is not to replace cash, but to act as a complement to it. "The Riksbank will continue issuing banknotes and coins as long as there is demand for them in society. It is our statutory duty and we will of course continue to live up to it," concluded Deputy Governor Cecilia Skingsley.[41]

In December 2020, Sweden's Minister for Financial Markets Per Bolund announced a government review to explore the feasibility of moving to a digital currency that was expected to be completed by the end of November in 2022. Anna Kinberg Batra, a former chairwoman of the Riksbank's finance committee, was announced as the leader of the review.[43] As of 2023, no decision has been made.[44]

See also[edit]

Economy of Sweden

Fyrk

List of currencies in Europe

Monetary policy of Sweden

Scandinavian Monetary Union

Swedish National Debt Office

Tables of historical exchange rates to the United States dollar

References[edit]

^ "Current inflation". Sveriges Riksbank. 14 January 2022. Retrieved 28 December 2023.

^ "Current inflation rate". Sveriges Riksbank. 14 January 2022. Retrieved 28 December 2023.

^ Triennial Central Bank Survey: Foreign exchange turnover in April 2016 (PDF) (Report). Bank for International Settlements. December 2016.

^ "Ordet öre kommer av latinets Aereus/aurum" (in Swedish). Sveriges Riksbank. Retrieved 22 January 2012.

^ p.12: Gold parity rate is $0.2680 for all, but actual quoted rates are $0.155 for the Danish krone, $0.178 for the Norwegian krone, and $0.184 for the Swedish krona. https://fraser.stlouisfed.org/files/docs/publications/books/musilver_comm_1933.pdf

^ "Valid coins". Sveriges Riksbank. 13 February 2015. Archived from the original on 19 April 2015. Retrieved 9 April 2015.

^ "The new coins". Sveriges Riksbank. Archived from the original on 30 September 2012. Retrieved 12 September 2012.

^ Kerpner, Joachim (11 September 2012). "Nya mynten hyllning till Ted Gärdestad" [New coins a tribute to Ted Gärdestad]. Aftonbladet (in Swedish). Retrieved 12 December 2015.

^ "Kommuner slopar myntautomater – PRO kritisk". Svenska Dagbladet (in Swedish).

^ "Swedish coins catalog". worldcoinsinfo.com. ONLINE COINS CATALOG.

^ "2-krona coin". Sveriges Riksbank. 9 February 2015. Archived from the original on 19 May 2017. Retrieved 21 May 2017.

^ Norris, Don. "Coin Types from Sweden". Worldcoingallery.com. Retrieved 28 December 2010.

^ "Riksbank urges Sweden to ditch 50 öre coin". The Local. Archived from the original on 18 December 2008. Retrieved 18 December 2008.

^ "50-öringen slopas i oktober". Svenska Dagbladet (in Swedish). Stockholm. TT. 25 March 2009. Retrieved 25 January 2015.

^ "Invalid coins". Sveriges Riksbank. 1 February 2018. Archived from the original on 12 April 2019. Retrieved 2 June 2019.

^ "Redeeming commemorative coins". Sveriges Riksbank. 18 January 2017. Archived from the original on 7 May 2017. Retrieved 21 May 2017.

^ a b "New banknotes". Sveriges Riksbank. 13 February 2015. Archived from the original on 3 March 2016. Retrieved 19 July 2016.

^ "Valid banknotes". Sveriges Riksbank. 13 February 2015. Archived from the original on 11 July 2016. Retrieved 19 July 2016.

^ "20-krona banknote". Sveriges Riksbank. 12 January 2017. Archived from the original on 16 May 2017. Retrieved 21 May 2017.

^ "50-krona banknote". Sveriges Riksbank. 12 January 2017. Archived from the original on 3 June 2017. Retrieved 21 May 2017.

^ "100-krona banknote". Sveriges Riksbank. 12 January 2017. Archived from the original on 9 May 2017. Retrieved 21 May 2017.

^ "200-krona banknote". Sveriges Riksbank. 12 January 2017. Archived from the original on 5 June 2017. Retrieved 21 May 2017.

^ "500-krona banknote". Sveriges Riksbank. 12 January 2017. Archived from the original on 6 May 2017. Retrieved 21 May 2017.

^ "1 000-krona banknote". Sveriges Riksbank. 12 January 2017. Archived from the original on 6 May 2017. Retrieved 21 May 2017.

^ "10,000-kronor banknotes". Sveriges Riksbank. 4 May 2018. Retrieved 21 July 2019.

^ "Karl XI hade behövt båten". Expressen (in Swedish). 10 July 2010.

^ "Riksbank to introduce new, more secure 50 and 1000-kronor banknotes". Sveriges Riksbank. 6 March 2006. Retrieved 21 July 2019.

^ "Artistic starting point". Sveriges Riksbank. Archived from the original on 24 December 2014. Retrieved 25 January 2015.

^ "Sweden new 100- and 500-krona notes confirmed introduced 03.10.2016". banknotenews.com. 7 October 2016.

^ Andersson, Elisabet (20 January 2015). "Ernman kritiserar ny sedel". Svenska Dagbladet (in Swedish). Retrieved 20 January 2015.

^ Wiman, Björn (22 January 2015). "Björn Wiman: Birgit Nilssons skamlösa judekoppling visar antisemitismen". Dagens Nyheter (in Swedish). Retrieved 22 January 2015.

^ Öberg, Svante (21 March 2006). "Öberg: Sweden – a low inflation economy". Sveriges Riksbank. Archived from the original on 7 October 2008. Retrieved 6 December 2007.

^ 2003 folkomröstning om Euron [2003 referendum on the euro] (in Swedish), Election Authority, archived from the original on 10 June 2011, retrieved 16 June 2011

^ Winter, Jan (27 February 2009). "Expert: Dags att slopa kronan". Dagens Nyheter (in Swedish). TT. Retrieved 12 June 2014.

^ "Support for euro hits all-time low in Sweden". EURACTIV. 8 May 2013. Retrieved 11 May 2014.

^ "Eurosamarbetet" (in Swedish). Liberals. Archived from the original on 8 December 2015. Retrieved 29 November 2015.

^ Redeeming invalid banknotes

^ "About the CPMI". Bank for International Settlements. 10 February 2016.

^ "Red Book: CPMI countries". Bank for International Settlements. 7 August 2020.

^ Pickett, Mallory (May 2016). "One Swede Will Kill Cash Forever—Unless His Foe Saves It from Extinction". Wired. Retrieved 18 May 2017.

^ a b Skingsley, Cecilia (16 November 2016). "Should the Riksbank issue e-krona?" (PDF). Stockholm: Sveriges Riksbank. Retrieved 18 May 2017.

^ Alderman, Liz (26 December 2015). "In Sweden, a Cash-Free Future Nears". The New York Times. Retrieved 18 May 2017.

^ "Sweden Explores Moving to a Digital Currency". Bloomberg.com. 11 December 2020. Retrieved 12 December 2020.

^ "E-krona". Riksbanken.se (in Swedish). 2 January 2023. Retrieved 18 January 2023.

Further reading[edit]

Krause, Chester L.; Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed.). Krause Publications. ISBN 0873411501.

Pick, Albert (1994). Standard Catalog of World Paper Money: General Issues. Colin R. Bruce II and Neil Shafer (editors) (7th ed.). Krause Publications. ISBN 0-87341-207-9.

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1 Swedish krona to US dollars Exchange Rate. Convert SEK/USD - Wise

edish krona to US dollars Exchange Rate. Convert SEK/USD - WiseSkip to main contentPersonalBusinessFeaturesMulti-currency accountExplore the account used by 16 million people to live, work, travel and transfer money worldwide.Manage your moneyWise cardMoney transfersLarge amount transfersInterest NewPricingHelpLog inRegisterCurrency ConverterBrowse all currenciesGet rate alertsCompare bank rates1 Swedish krona to US dollarsConvert SEK to USD at the real exchange rateAmount1 sekConverted to0.10 usd1.000 SEK = 0.09772 USDMid-market exchange rate at 20:06Track the exchange rateSend moneySpend abroad without hidden feesSign up todayLoadingCompare prices for sending money abroadLeading competitors have a dirty little secret. They add hidden markups to their exchange rates - charging you more without your knowledge. And if they have a fee, they charge you twice.Wise never hides fees in the exchange rate. We give you the real rate. Compare our rate and fee with our competitors and see the difference for yourself. Top currencies EURGBPUSDINRCADAUDCHFMXN1 EUR10.8541.09390.4571.4741.6540.95918.3551 GBP1.17111.279105.9231.7261.9371.12221.4931 USD0.9150.782182.7941.3491.5140.87716.81 INR0.0110.0090.01210.0160.0180.0110.203Beware of bad exchange rates. Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. Our smart tech means we’re more efficient – which means you get a great rate. Every time.Compare exchange ratesHow to convert Swedish kronor to US dollars1Input your amountSimply type in the box how much you want to convert.2Choose your currenciesClick on the dropdown to select SEK in the first dropdown as the currency that you want to convert and USD in the second drop down as the currency you want to convert to.3That’s itOur currency converter will show you the current SEK to USD rate and how it’s changed over the past day, week or month.Top currency pairings for Swedish krona→←SEK to USD→←SEK to EUR→←SEK to GBP→←SEK to DKK→←SEK to NOK→←SEK to INR→←SEK to CAD→←SEK to PLNChange Converter source currencyAustralian DollarBrazilian RealBritish Pound SterlingBulgarian LevCanadian DollarChinese Yuan RMBCzech Republic KorunaDanish KroneEuroHong Kong DollarHungarian ForintIndian RupeeIndonesian RupiahIsraeli New SheqelJapanese YenMalaysian RinggitNew Zealand DollarNorwegian KronePolish ZlotyRomanian LeuSingapore DollarSwedish KronaSwiss FrancTurkish LiraAre you overpaying your bank?Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your international money transfers.Compare us to your bankSend money with WiseDownload Our Currency Converter AppFeatures our users love: Free and ad-free.Track live exchange rates.Compare the best money transfer providers.See how rates have changed over the last day or the last 500. Add currencies you use often — or just want to keep an eye on — to your favourites for easy access. Pounds, dollars, pesos galore.Currency Converter is an exchange rate information and news app only and not a currency trading platform. The information shown there does not constitute financial advice.Conversion rates Swedish Krona / US Dollar1 SEK0.09772 USD5 SEK0.48860 USD10 SEK0.97721 USD20 SEK1.95442 USD50 SEK4.88605 USD100 SEK9.77209 USD250 SEK24.43023 USD500 SEK48.86045 USD1000 SEK97.72090 USD2000 SEK195.44180 USD5000 SEK488.60450 USD10000 SEK977.20900 USDConversion rates US Dollar / Swedish Krona1 USD10.23320

SEK5 USD51.16600

SEK10 USD102.33200

SEK20 USD204.66400

SEK50 USD511.66000

SEK100 USD1,023.32000

SEK250 USD2,558.30000

SEK500 USD5,116.60000

SEK1000 USD10,233.20000

SEK2000 USD20,466.40000

SEK5000 USD51,166.00000

SEK10000 USD102,332.00000

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ECB euro reference exchange rate: Swedish krona (SEK)

ECB euro reference exchange rate: Swedish krona (SEK)

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Swedish krona (SEK)

ECB euro reference exchange rate

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Reference rates over last four months - Swedish krona (SEK)

Mar - 2024

Mon

Tue

Wed

Thu

Fri

Sat

Sun

        111.19482 3 

411.2424511.2803611.2555711.1944811.16409 10 

1111.18651211.173013 14 15 16 17 

18 19 20 21 22 23 24 

25 26 27 28 29 30 31 

Feb - 2024

Mon

Tue

Wed

Thu

Fri

Sat

Sun

      111.3354211.26803 4 

511.3740611.3825711.2725811.2705911.281510 11 

1211.23201311.25101411.31271511.25751611.265517 18 

1911.23702011.21852111.20752211.17402311.154524 25 

2611.16752711.18052811.19202911.2150      

Jan - 2024

Mon

Tue

Wed

Thu

Fri

Sat

Sun

1 211.1545311.1915411.1905511.23506 7 

811.2095911.21151011.19701111.19701211.260013 14 

1511.27801611.32151711.39251811.36401911.380020 21 

2211.35452311.34702411.35852511.35002611.320327 28 

2911.35623011.29713111.2682        

Dec - 2023

Mon

Tue

Wed

Thu

Fri

Sat

Sun

        111.37152 3 

411.3210511.3095611.3065711.2557811.23809 10 

1111.29701211.28151311.27701411.18001511.212516 17 

1811.14501911.17502011.12902111.09902211.055623 24 

25 26 2711.06602811.03822911.096030 31 

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SEK/PHP Currency Exchange Rate & News - Google Finance

PHP Currency Exchange Rate & News - Google FinanceFinanceSign inFinanceFinancefinance_modeHomemanage_searchMarket trendsPortfoliosaddCreate portfolioWatchlistsaddCreate watchlistsettingsSettingsfeedbackSend feedbackMarketsUSEuropeAsiaCurrenciesCryptoFuturesNikkei 22538,797.51-0.059%-22.98Nikkei 22538,797.510.059%SSE3,055.94-0.41%-12.52SSE3,055.940.41%HSI17,093.50+3.05%+505.93HSI17,093.503.05%SENSEX73,667.96+0.22%+165.32SENSEX73,667.960.22%NIFTY 5022,335.70+0.014%+3.05NIFTY 5022,335.700.014%HomeSEK / PHP • CurrencySwedish Krona to Philippine pesoFollowShare5.4179Mar 12, 8:06:00 PM UTC · Disclaimer1D5D1M6MYTD1Y5YMAXinsightsKey eventsKey events shows relevant news articles on days with large price movementsKey eventsKey events shows relevant news articles on days with large price movementsKey eventsarrow_forward_iosKey events shows relevant news articles on days with large price movementsNo dataclosesearchCompare toUSD / PHP55.4455USD0.18%EUR / PHP60.5793EUR0.13%JPY / PHP0.3754JPY0.47%GBP / PHP70.9372GBP0.017%AUD / PHP36.6218AUD0.026%CAD / PHP41.0959CAD0.079%CHF / PHP63.1845CHF0.16%CNH / PHP7.7149CNH0.073%NZD / PHP34.1090NZD0.12%Market newsFXStreet12 hours agoForex Today: US Dollar holds steady ahead of key inflation dataUSD / PHP0.18%USD / PHPDailyFX3 hours agoUS Dollar Forecast: Hot US Inflation Data Drives USD/JPY Higher. What Now?JPY / PHP0.47%JPY / PHPUSD / PHP0.18%USD / PHPFXStreet10 hours agoUS CPI Preview: USD should benefit if inflation figures are strong again –

CommerzbankEUR / PHP0.13%EUR / PHPCBK2.54%Commerzbank AGUSD / PHP0.18%USD / PHPFXStreet6 hours agoUSD/JPY Price Analysis: Possibly in a sweet spot for sellersJPY / PHP0.47%JPY / PHPUSD / PHP0.18%USD / PHPFXStreet54 minutes agoForex Today: Dollar regains traction amidst rate cut bets in JuneEUR / PHP0.13%EUR / PHPFXStreet11 hours agoUSD/JPY rebounds to 147.50 as BoJ rate hike bets wane, US Inflation eyedJPY / PHP0.47%JPY / PHPUSD / PHP0.18%USD / PHPpaidExchange RateValue of the base currency compared to the quote currencyPrevious closeThe last closing price5.41About Swedish KronaThe krona is the currency of the Kingdom of Sweden. It is one of the currencies of the European Union. 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. The Swedish krona was the ninth-most traded currency in the world by value in April 2016.

One krona is subdivided into 100 öre. Coins as small as 1 öre were formerly in use, but the last coin smaller than 1 krona was discontinued in 2010. Goods can still be priced in öre, but all sums are rounded to the nearest krona when paying with cash. The word öre is ultimately derived from the Latin word for gold. WikipediaAbout Philippine pesoThe Philippine peso, also referred to by its Filipino name piso, is the official currency of the Philippines. It is subdivided into 100 sentimo, also called centavos.

The peso has the symbol "₱", introduced during American rule in place of the original peso sign "$" used throughout Spanish America. Alternative symbols used are "PHP", "PhP", "Php", or just "P".

The monetary policy of the Philippines is conducted by the Bangko Sentral ng Pilipinas, established on July 3, 1993, as its central bank. It produces the country's banknotes and coins at its Security Plant Complex, which is set to move to New Clark City in Capas, Tarlac. WikipediaDiscover moreYou may be interested ininfoThis list is generated from recent searches, followed securities, and other activity. Learn moreAll data and information is provided “as is” for personal informational purposes only, and is not intended to be financial advice nor is it for trading purposes or investment, tax, legal, accounting or other advice. Google is not an investment adviser nor is it a financial adviser and expresses no view, recommendation or opinion with respect to any of the companies included in this list or any securities issued by those companies. Please consult your broker or financial representative to verify pricing before executing any trades. Learn moreIndexS&P 5005,175.271.12%add_circle_outlineIndexDow Jones Industrial Average39,005.490.61%add_circle_outlinePHParker-Hannifin Corp$538.090.39%add_circle_outlineTELTE Connectivity Ltd$140.530.36%add_circle_outlineMRCMRC Global Inc$12.150.41%add_circle_outlineGLOClough Global Opportunities Fund$5.020.40%add_circle_outlineSMSM Energy Co$45.710.79%add_circle_outlineTSLATesla Inc$177.540.13%add_circle_outlineAAPLApple Inc$173.230.28%add_circle_outlineGOOGAlphabet Inc Class C$139.620.49%add_circle_outlineFFord Motor Co$12.110.083%add_circle_outlineMACMacerich Co$15.890.31%add_circle_outlineAPAmpco-Pittsburgh Corp$2.521.00%add_circle_outlineARAntero Resources Corp$26.180.53%add_circle_outlineFGENFibroGen Inc$1.8910.53%add_circle_outlineMETAMeta Platforms Inc$499.753.34%add_circle_outlineBABAAlibaba Group Holding Ltd - ADR$76.061.60%add_circle_outlineNFLXNetflix Inc$611.081.69%add_circle_outlineHelpSend feedbackPrivacyTermsDisclaimerSearchClear searchClose searchGoogle appsMain m

USD/SEK Currency Exchange Rate & News - Google Finance

SEK Currency Exchange Rate & News - Google FinanceFinanceSign inFinanceFinancefinance_modeHomemanage_searchMarket trendsPortfoliosaddCreate portfolioWatchlistsaddCreate watchlistsettingsSettingsfeedbackSend feedbackMarketsUSEuropeAsiaCurrenciesCryptoFuturesNikkei 22538,797.51-0.059%-22.98Nikkei 22538,797.510.059%SSE3,055.94-0.41%-12.52SSE3,055.940.41%HSI17,093.50+3.05%+505.93HSI17,093.503.05%SENSEX73,667.96+0.22%+165.32SENSEX73,667.960.22%NIFTY 5022,335.70+0.014%+3.05NIFTY 5022,335.700.014%HomeUSD / SEK • CurrencyUnited States Dollar to Swedish KronaFollowShare10.2338Mar 12, 8:06:00 PM UTC · Disclaimer1D5D1M6MYTD1Y5YMAXinsightsKey eventsKey events shows relevant news articles on days with large price movementsKey eventsKey events shows relevant news articles on days with large price movementsKey eventsarrow_forward_iosKey events shows relevant news articles on days with large price movementsNo dataclosesearchCompare toEUR / SEK11.1813EUR0.094%JPY / SEK0.0693JPY0.70%GBP / SEK13.0919GBP0.26%AUD / SEK6.7604AUD0.19%CAD / SEK7.5846CAD0.16%CHF / SEK11.6622CHF0.078%CNH / SEK1.4238CNH0.17%NZD / SEK6.2956NZD0.35%Market newsDailyFX1 day agoUS Dollar Gains Before US Inflation, Volatility Ahead - Setups on EUR/USD,

USD/JPYJPY / PHP0.47%JPY / PHPUSD / PHP0.18%USD / PHPFXStreet6 hours agoUSD/JPY Price Analysis: Possibly in a sweet spot for sellersJPY / PHP0.47%JPY / PHPUSD / PHP0.18%USD / PHPDailyFX21 hours agoUS Inflation Preview: What’s Ahead for Gold Prices, the US Dollar and

Stocks?USD / PHP0.18%USD / PHPDailyFX3 hours agoUS Dollar Forecast: Hot US Inflation Data Drives USD/JPY Higher. What Now?JPY / PHP0.47%JPY / PHPUSD / PHP0.18%USD / PHPDailyFX6 hours agoUS Inflation Comes in Hotter-Than-Expected, USD Gets a Small Bid, Gold

DriftsUSD / PHP0.18%USD / PHPFXStreet8 hours agoGold Price Forecast: XAU/USD unlikely to sustain gains on another strong US

inflation reading – CommerzbankCBK2.54%Commerzbank AGUSD / PHP0.18%USD / PHPpaidExchange RateValue of the base currency compared to the quote currencyPrevious closeThe last closing price10.24About United States DollarThe United States dollar is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color.

The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank.

The U.S. dollar was originally defined under a bimetallic standard of 371.25 grains fine silver or, from 1837, 23.22 grains fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its equivalence to gold was revised to $35 per troy ounce. Since 1971, all links to gold have been repealed.

The U.S. dollar became an important international reserve currency after the First World War, and displaced the pound sterling as the world's primary reserve currency by the Bretton Woods Agreement towards the end of the Second World War. WikipediaAbout Swedish KronaThe krona is the currency of the Kingdom of Sweden. It is one of the currencies of the European Union. 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. The Swedish krona was the ninth-most traded currency in the world by value in April 2016.

One krona is subdivided into 100 öre. Coins as small as 1 öre were formerly in use, but the last coin smaller than 1 krona was discontinued in 2010. Goods can still be priced in öre, but all sums are rounded to the nearest krona when paying with cash. The word öre is ultimately derived from the Latin word for gold. WikipediaDiscover moreYou may be interested ininfoThis list is generated from recent searches, followed securities, and other activity. Learn moreAll data and information is provided “as is” for personal informational purposes only, and is not intended to be financial advice nor is it for trading purposes or investment, tax, legal, accounting or other advice. Google is not an investment adviser nor is it a financial adviser and expresses no view, recommendation or opinion with respect to any of the companies included in this list or any securities issued by those companies. Please consult your broker or financial representative to verify pricing before executing any trades. Learn moreIndexS&P 5005,175.271.12%add_circle_outlineIndexDow Jones Industrial Average39,005.490.61%add_circle_outlinePHParker-Hannifin Corp$538.090.39%add_circle_outlineTELTE Connectivity Ltd$140.530.36%add_circle_outlineMRCMRC Global Inc$12.150.41%add_circle_outlineGLOClough Global Opportunities Fund$5.020.40%add_circle_outlineSMSM Energy Co$45.710.79%add_circle_outlineTSLATesla Inc$177.540.13%add_circle_outlineAAPLApple Inc$173.230.28%add_circle_outlineGOOGAlphabet Inc Class C$139.620.49%add_circle_outlineFFord Motor Co$12.110.083%add_circle_outlineMACMacerich Co$15.890.31%add_circle_outlineAPAmpco-Pittsburgh Corp$2.521.00%add_circle_outlineARAntero Resources Corp$26.180.53%add_circle_outlineFGENFibroGen Inc$1.8910.53%add_circle_outlineMETAMeta Platforms Inc$499.753.34%add_circle_outlineBABAAlibaba Group Holding Ltd - ADR$76.061.60%add_circle_outlineNFLXNetflix Inc$611.081.69%add_circle_outlineHelpSend feedbackPrivacyTermsDisclaimerSearchClear searchClose searchGoogle appsMain m