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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 word "krone/krona" literally means "crown", and the differences in spelling of the name represent the differences between the North Germanic languages. The political union between Sweden and Norway was dissolved in 1905, but this did not affect the basis for co-operation in the monetary union.
From October 1992, the only coin in use in Sweden with a value below 1 kronor was the 50 öre coin. [2] On 18 December 2008, the Swedish Riksbank announced a recommendation to the Swedish government to phase out the final öre coin by 2010. [3] The coin ceased to be minted on 25 March 2009 [4] and ceased to be legal tender after 30 September 2010.
The architects behind the Riksbank’s e-krona project spoke to Fortune this week about their plans to pilot a digital version of the country’s storied currency.
The Scandinavian Monetary Union replaced the riksdaler riksmynt in 1873 with a new currency, the krona. An equal valued krone/krona of the monetary union replaced the three Scandinavian currencies at the rate of 1 krone/krona = 1 ⁄ 2 Danish rigsdaler = 1 ⁄ 4 Norwegian speciedaler = 1 Swedish riksdaler riksmynt.
There's no shortage of interesting, old and rare European coins capable of commanding big money at auction -- but are any actually still in circulation and not being handled by private collectors ...
There are no designs for potential Swedish euro coins. It was reported in the media that when Sweden changed the design of the 1-krona coin in 2001 it was in preparation for the euro. A newer portrait of the king was introduced. The 10-kronor coin already had a similar portrait.
Coins of Sweden (1 P) ... Swedish krona; Swedish penning; Swedish riksdaler; Media in category "Currencies of Sweden" The following 2 files are in this category, out ...
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