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The krona (Swedish: ⓘ; 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.
Swedish krona: 1873–present Replaced Swedish riksdaler [1] Historical use of a currency called crown. Country Currency Period Notes Ref
The main events in the monetary history of the Krona are: Introduction of the Krona, based on the gold standard on 5 May 1873. (1 kg of gold = 2480 Kronor) The tie to gold is abolished on 2 August 1914. The tie to gold is de facto re-established in November 1922. The tie to gold is de jure re-established on 1 April 1924
SEK 20: Selma Lagerlöf: First female winner of the Nobel Prize for literature: Nils Holgersson: Lagerlöf character SEK 50: Jenny Lind: Opera singer: Silver harp: SEK 100: Carl Linnaeus: Founder of modern taxonomy: Bee pollinating a flower: Combines Linnaeus' interests in botany and zoology SEK 500: King Charles XI: Bank of Sweden was founded ...
The silver coins retained the .750 fineness of the preceding issues, causing the 10 öre coin to weigh just 0.85 grams. From 1858, the Rikes Ständers Bank issued banknotes for 1, 5, 10, 50, 100, 500 and 1000 riksdaler riksmynt. Production of these notes was taken over by Sveriges Riksbank in 1869, with the notes issued until 1873.
Slang terms for the Swedish krona in use today include spänn and bagis. Riksdaler (referring riksdaler, the former Swedish currency) is still used as a colloquial term for the krona in Sweden. [25] A 20-kronor banknote is sometimes called selma, referring to the portrait of Selma Lagerlöf on the older version of the note.
This in fact is from a progress report by the Riksbank on possible Swedish entry into the euro, which states that the lead in time for coin changeover could be reduced through using the portrait of King Carl XVI Gustaf introduced on the 1- and 10-kronor coins in 2001 as the national side on Swedish 1-and 2 euro coins. [141]
Charles XI was commemorated on the previous 500-kronor bill. His portrait is taken from one of Ehrenstrahl's paintings, possibly the one displayed on this page. The king is pictured on the bill since the Bank of Sweden was founded in 1668, during Charles' reign. [54]