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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.
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.
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]
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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]
A new series of 1910 used an arms design for low values, and a full-face portrait of King Gustav V.Additional surcharges were needed in 1918 before new stamps of the series could be printed. 1920 saw the introduction of coil stamps using a lion design and a new portrait of Gustav, along with a crown and posthorn design for larger denominations, as well as a commemorative depicting Gustavus ...
[9] The Swedish move to a negative discount rate was followed with great interest by central banks around the world. [ 10 ] On 28 October 2014, the Riksbank cut its repo rate to 0.00%, as Deputy Governor Svensson advocated in July 2009, pushing the linked deposit rate to −0.75%, while the lending rate remained at 0.75%.
20 kroner bill. Issued on 11 March 1980 – out of print as of 10 April 1990 and replaced by a coin. It features Pauline Maria Tutein, née Tath, and two house sparrows drawn by Gunnar Larsen (1919–1981). It was part of an April Fools' Day hoax in Denmark in which all notes on which the two sparrows only showed 3 legs were said to be ...