Swedish krona
Updated: 12/11/2025, 3:47:57 PM Wikipedia source
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. 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).
Infobox
Code
SEK (numeric: 752)
Subunit
0.01
Plural
kronor
Symbol
kr and :-
Nickname
spänn; riksdaler; crowns (English); lax/lakan/lök, papp, (rarely) bagare/bagis (1000 kr); röding (500 kr)
mw- 1⁄100
öre
öre
öre/ören
Freq. used
1, 2, 5, 10 kr
Rarely used
1000 kr
Date of introduction
1873
Replaced
Swedish riksdaler
User(s)
Sweden
Central bank
Sveriges Riksbank
Website
www.riksbank.se
Printer
De La Rue
Inflation
2.9% (target 2.0%)
Source
February 2025
Method
CPI
Tables
· Coins › Contemporary
Images
Images
Circulating series (1991–2016)
Images
Circulating series (1991–2016)
Value
Circulating series (1991–2016)
Technical parameters
Circulating series (1991–2016)
Description
Circulating series (1991–2016)
Issuedfrom
Obverse
Obverse
Circulating series (1991–2016)
Obverse
Circulating series (1991–2016)
Reverse
Circulating series (1991–2016)
Diameter(mm)
Circulating series (1991–2016)
Thickness(mm)
Circulating series (1991–2016)
Mass(g)
Circulating series (1991–2016)
Composition
Circulating series (1991–2016)
Edge
Circulating series (1991–2016)
Obverse
Circulating series (1991–2016)
Reverse
Carl XVI Gustaf;year of issue
Carl XVI Gustaf;year of issue
Circulating series (1991–2016)
Carl XVI Gustaf;year of issue
Circulating series (1991–2016)
Three crowns; value;royal motto
Circulating series (1991–2016)
2001
For table standards, see the coin specification table.
For table standards, see the coin specification table.
Circulating series (1991–2016)
For table standards, see the coin specification table.
| Circulating series (1991–2016) | |||||||||||
| Images | Value | Technical parameters | Description | Issuedfrom | |||||||
| Obverse | Reverse | Diameter(mm) | Thickness(mm) | Mass(g) | Composition | Edge | Obverse | Reverse | |||
| 1 krona | 19.50 | 1.79 | 3.60 | Copper-plated steel | Reeded | Carl XVI Gustaf;year of issue | Stylised solar corona;Three crowns;value; lettering: Sverige | 2016 | |||
| 2 kronor | 22.50 | 4.80 | Interruptedreeding | Stylised whirlwind;Three crowns;value; lettering: Sverige | |||||||
| 5 kronor | 23.75 | 1.95 | 6.10 | Nordic gold:Cu: 89%Al: 5%Zn: 5%Sn: 1% | Smooth | Stylised waves;Three crowns;value; lettering: Sverige | |||||
| | | 10 kronor | 20.50 | 2.90 | 6.60 | Interruptedreeding | Carl XVI Gustaf;royal motto | Three crowns; value;year of issue | 1991–2000 | ||
| Carl XVI Gustaf;year of issue | Three crowns; value;royal motto | 2001 | |||||||||
| For table standards, see the coin specification table. | |||||||||||
· Banknotes › Current series
Image
Image
Cultural Journey series (2017)Designer: Göran Österlund
Image
Cultural Journey series (2017)Designer: Göran Österlund
Value
Cultural Journey series (2017)Designer: Göran Österlund
Dimensions(mm)
Cultural Journey series (2017)Designer: Göran Österlund
Maincolour
Cultural Journey series (2017)Designer: Göran Österlund
Description
Cultural Journey series (2017)Designer: Göran Österlund
Issuedfrom
Obverse
Obverse
Cultural Journey series (2017)Designer: Göran Österlund
Obverse
Cultural Journey series (2017)Designer: Göran Österlund
Reverse
For table standards, see the banknote specification table.
For table standards, see the banknote specification table.
Cultural Journey series (2017)Designer: Göran Österlund
For table standards, see the banknote specification table.
| Cultural Journey series (2017)Designer: Göran Österlund | |||||||
| Image | Value | Dimensions(mm) | Maincolour | Description | Issuedfrom | ||
| Obverse | Reverse | ||||||
| 20 kr | 120 × 66 | Violet | Astrid Lindgren;Pippi Longstocking | Forest road, Småland;Linnaea borealis | 1 October 2015 | ||
| 50 kr | 126 × 66 | Orange | Evert Taube;Så länge skutan kan gå | Bohuslän coastline, Tanum rock carvings;Lonicera periclymenum | |||
| 100 kr | 133 × 66 | Blue | Greta Garbo;filmstrip | Stockholm panorama;Nymphaea alba, Fritillaria meleagris | 3 October 2016 | ||
| 200 kr | 140 × 66 | Green | Ingmar Bergman;The Seventh Seal | Rauks in Fårö, Gotland;Hedera helix | 1 October 2015 | ||
| 500 kr | 147 × 66 | Red | Birgit Nilsson;Die Walküre | Öresund Bridge, ox-eye daisy, Skåne | 3 October 2016 | ||
| 1000 kr | 154 × 66 | Brown | Dag Hammarskjöld,UN secretariat and emblem | Laponian area and Sarek National Park,Lapland; Dryas octopetala | 1 October 2015 | ||
| For table standards, see the banknote specification table. | |||||||
· Exchange rate
1993
1993
Year
1993
USD
7.2768
EUR
9.1042
GBP
11.6993
CHF
5.2784
1994
1994
Year
1994
USD
7.6494
EUR
9.1390
GBP
11.8094
CHF
5.6536
1995
1995
Year
1995
USD
6.8301
EUR
9.2275
GBP
11.2644
CHF
6.0401
1996
1996
Year
1996
USD
6.7412
EUR
8.3996
GBP
10.4606
CHF
5.4377
1997
1997
Year
1997
USD
7.6342
EUR
8.6249
GBP
12.5048
CHF
5.2618
1998
1998
Year
1998
USD
8.0048
EUR
8.9306
GBP
13.1715
CHF
5.4966
1999
1999
Year
1999
USD
8.2010
EUR
8.8076
GBP
13.3720
CHF
5.5041
2000
2000
Year
2000
USD
9.4139
EUR
8.4465
GBP
13.8640
CHF
5.4254
2001
2001
Year
2001
USD
10.5702
EUR
9.2516
GBP
14.8691
CHF
6.1274
2002
2002
Year
2002
USD
9.8761
EUR
9.1627
GBP
14.5797
CHF
6.2448
2003
2003
Year
2003
USD
8.2107
EUR
9.1250
GBP
13.1946
CHF
6.0042
2004
2004
Year
2004
USD
7.5739
EUR
9.1268
GBP
13.4560
CHF
5.9125
2005
2005
Year
2005
USD
7.6133
EUR
9.2848
GBP
13.5782
CHF
5.9970
2006
2006
Year
2006
USD
7.4021
EUR
9.2549
GBP
13.5752
CHF
5.8842
2007
2007
Year
2007
USD
6.8221
EUR
9.2481
GBP
13.5281
CHF
5.6314
2008
2008
Year
2008
USD
6.5808
EUR
9.6055
GBP
12.0912
CHF
6.0585
2009
2009
Year
2009
USD
7.6458
EUR
10.6213
GBP
11.9260
CHF
7.0342
2010
2010
Year
2010
USD
7.2049
EUR
9.5413
GBP
11.1256
CHF
6.9114
2011
2011
Year
2011
USD
6.4969
EUR
9.0335
GBP
10.4115
CHF
7.3454
2012
2012
Year
2012
USD
6.7754
EUR
8.7053
GBP
10.7340
CHF
7.2227
2013
2013
Year
2013
USD
6.5140
EUR
8.6494
GBP
10.1863
CHF
7.0255
2014
2014
Year
2014
USD
6.8577
EUR
9.0969
GBP
11.2917
CHF
7.4903
2015
2015
Year
2015
USD
8.4350
EUR
9.3562
GBP
12.8962
CHF
8.7655
2016
2016
Year
2016
USD
8.5613
EUR
9.4704
GBP
11.5664
CHF
8.6882
2017
2017
Year
2017
USD
8.5380
EUR
9.6326
GBP
10.9896
CHF
8.6692
2018
2018
Year
2018
USD
8.6921
EUR
10.2567
GBP
11.5928
CHF
8.8836
2019
2019
Year
2019
USD
9.4604
EUR
10.5892
GBP
12.0658
CHF
9.5185
2020
2020
Year
2020
USD
9.2037
EUR
10.4867
GBP
11.7981
CHF
9.7978
2021
2021
Year
2021
USD
8.5815
EUR
10.1449
GBP
11.8022
CHF
9.3844
2022
2022
Year
2022
USD
10.1245
EUR
10.6317
GBP
12.4669
CHF
10.5949
2023
2023
Year
2023
USD
10.6128
EUR
11.4765
GBP
13.1979
CHF
11.8173
| 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 |
Banknotes and coin in circulation in Sweden at end of year · Banknotes and coins per capita in circulation
1988
1988
Year
1988
Per capita
6,459 kr
% in 1000 SEK banknotes
not largest note
End-of-year SEK/USD
6.1325
Equivalent USD
$1,053
1989
1989
Year
1989
Per capita
7,118 kr
% in 1000 SEK banknotes
6.2270
End-of-year SEK/USD
$1,143
1990
1990
Year
1990
Per capita
7,174 kr
% in 1000 SEK banknotes
5.6980
End-of-year SEK/USD
$1,259
1991
1991
Year
1991
Per capita
8,828 kr
% in 1000 SEK banknotes
5.5500
End-of-year SEK/USD
$1,591
1992
1992
Year
1992
Per capita
8,529 kr
% in 1000 SEK banknotes
53.1%
End-of-year SEK/USD
7.0500
Equivalent USD
$1,210
1993
1993
Year
1993
Per capita
8,684 kr
% in 1000 SEK banknotes
52.6%
End-of-year SEK/USD
8.3325
Equivalent USD
$1,042
Surpassing Sweden
United States
1994
1994
Year
1994
Per capita
8,696 kr
% in 1000 SEK banknotes
51.8%
End-of-year SEK/USD
7.4615
Equivalent USD
$1,166
1995
1995
Year
1995
Per capita
8,682 kr
% in 1000 SEK banknotes
49.4%
End-of-year SEK/USD
6.6177
Equivalent USD
$1,312
1996
1996
Year
1996
Per capita
9,139 kr
% in 1000 SEK banknotes
47.8%
End-of-year SEK/USD
6.8859
Equivalent USD
$1,327
%GDP
4.4%
1997
1997
Year
1997
Per capita
9,360 kr
% in 1000 SEK banknotes
47.4%
End-of-year SEK/USD
7.9082
Equivalent USD
$1,184
%GDP
4.3%
1998
1998
Year
1998
Per capita
9,750 kr
% in 1000 SEK banknotes
47.5%
End-of-year SEK/USD
8.0770
Equivalent USD
$1,207
%GDP
4.5%
1999
1999
Year
1999
Per capita
11,120 kr
% in 1000 SEK banknotes
47.5%
End-of-year SEK/USD
8.5233
Equivalent USD
$1,305
%GDP
4.9%
2000
2000
Year
2000
Per capita
11,013 kr
% in 1000 SEK banknotes
47.0%
End-of-year SEK/USD
9.4909
Equivalent USD
$1,160
%GDP
4.4%
2001
2001
Year
2001
Per capita
12,039 kr
% in 1000 SEK banknotes
45.2%
End-of-year SEK/USD
10.5540
Equivalent USD
$1,141
%GDP
4.7%
2002
2002
Year
2002
Per capita
11,989 kr
% in 1000 SEK banknotes
43.8%
End-of-year SEK/USD
8.7278
Equivalent USD
$1,374
%GDP
4.6%
2003
2003
Year
2003
Per capita
12,161 kr
% in 1000 SEK banknotes
41.9%
End-of-year SEK/USD
7.1892
Equivalent USD
$1,692
Surpassing Sweden
Euro Area
%GDP
4.3%
2004
2004
Year
2004
Per capita
12,107 kr
% in 1000 SEK banknotes
41.8%
End-of-year SEK/USD
6.6226
Equivalent USD
$1,828
%GDP
4.1%
2005
2005
Year
2005
Per capita
12,301 kr
% in 1000 SEK banknotes
41.0%
End-of-year SEK/USD
7.9584
Equivalent USD
$1,546
%GDP
4.1%
2006
2006
Year
2006
Per capita
12,375 kr
% in 1000 SEK banknotes
37.6%
End-of-year SEK/USD
6.8644
Equivalent USD
$1,803
%GDP
3.9%
2007
2007
Year
2007
Per capita
12,494 kr
% in 1000 SEK banknotes
34.0%
End-of-year SEK/USD
6.4136
Equivalent USD
$1,948
Surpassing Sweden
Australia
%GDP
3.7%
2008
2008
Year
2008
Per capita
12,130 kr
% in 1000 SEK banknotes
30.6%
End-of-year SEK/USD
7.8106
Equivalent USD
$1,553
%GDP
3.5%
2009
2009
Year
2009
Per capita
11,681 kr
% in 1000 SEK banknotes
28.7%
End-of-year SEK/USD
7.1165
Equivalent USD
$1,641
Surpassing Sweden
Canada
%GDP
3.5%
2010
2010
Year
2010
Per capita
11,106 kr
% in 1000 SEK banknotes
27.3%
End-of-year SEK/USD
6.7097
Equivalent USD
$1,655
%GDP
3.1%
2011
2011
Year
2011
Per capita
10,515 kr
% in 1000 SEK banknotes
25.2%
End-of-year SEK/USD
6.8877
Equivalent USD
$1,527
%GDP
2.8%
2012
2012
Year
2012
Per capita
10,059 kr
% in 1000 SEK banknotes
22.3%
End-of-year SEK/USD
6.5045
Equivalent USD
$1,547
%GDP
2.6%
2013
2013
Year
2013
Per capita
8,849 kr
% in 1000 SEK banknotes
11.3%
End-of-year SEK/USD
6.4238
Equivalent USD
$1,378
Surpassing Sweden
Saudi Arabia, UK
%GDP
2.3%
2014
2014
Year
2014
Per capita
8,578 kr
% in 1000 SEK banknotes
9.4%
End-of-year SEK/USD
7.7366
Equivalent USD
$1,109
Surpassing Sweden
Korea, Poland
%GDP
2.1%
2015
2015
Year
2015
Per capita
7,362 kr
% in 1000 SEK banknotes
7.7%
End-of-year SEK/USD
8.4408
Equivalent USD
$872
Surpassing Sweden
China
%GDP
1.7%
2016
2016
Year
2016
Per capita
6,242 kr
% in 1000 SEK banknotes
7.7%
End-of-year SEK/USD
9.0622
Equivalent USD
$689
Surpassing Sweden
Russia
%GDP
1.4%
2017
2017
Year
2017
Per capita
5,731 kr
% in 1000 SEK banknotes
8.3%
End-of-year SEK/USD
8.2080
Equivalent USD
$698
%GDP
1.3%
2018
2018
Year
2018
Per capita
6,111 kr
% in 1000 SEK banknotes
7.3%
End-of-year SEK/USD
8.9562
Equivalent USD
$682
%GDP
1.3%
2019
2019
Year
2019
Per capita
6,175 kr
% in 1000 SEK banknotes
6.6%
End-of-year SEK/USD
9.299
Equivalent USD
$664
Surpassing Sweden
Mexico
%GDP
1.3%
2020
2020
Year
2020
Per capita
5,768 kr
% in 1000 SEK banknotes
6.2%
End-of-year SEK/USD
8.177
Equivalent USD
$742
%GDP
1.3%
| 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 | 6.2270 | $1,143 | |||
| 1990 | 7,174 kr | 5.6980 | $1,259 | |||
| 1991 | 8,828 kr | 5.5500 | $1,591 | |||
| 1992 | 8,529 kr | 53.1% | 7.0500 | $1,210 | ||
| 1993 | 8,684 kr | 52.6% | 8.3325 | $1,042 | United States | |
| 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, Poland | 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% |
References
- "De La Rue becomes the Riksbank's new banknote supplier"https://www.riksbank.se/en-gb/press-and-published/notices-and-press-releases/press-releases/2018/de-la-rue-becomes-the-riksbanks-new-banknote-supplier/
- "Current inflation rate"https://www.riksbank.se/en-gb/monetary-policy/the-inflation-target/current-inflation-rate/
- IGhttps://www.ig.com/au/trading-strategies/the-top-ten-most-traded-currencies-in-the-world-180904
- ING Thinkhttps://think.ing.com/articles/our-view-on-the-swedish-krona-after-a-stellar-month/
- "Ordet öre kommer av latinets Aereus/aurum" Archived 18 February 2020 at the Wayback Machine (in Swedish). Sveriges Rikshttps://www.riksbank.se/sv/om-riksbanken/historia/historisk-tidslinje/2000-2018/ore-avskaffas-som-myntenhet/
- 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 Norwehttps://fraser.stlouisfed.org/files/docs/publications/books/musilver_comm_1933.pdf
- Investopediahttps://www.investopedia.com/terms/u/usdx.asp
- worldcoinsinfo.comhttps://worldcoinsinfo.com/world/sweden-coins.html
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- Riksbanken.sehttps://www.riksbank.se/sv/betalningar--kontanter/e-krona/