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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.
An 8 daler piece of plate money (plåtmynt) at the British Museum. The svenska riksdaler (Swedish pronunciation: [rɪksˈdɑːlɛr]) was the name of a Swedish coin first minted in 1604. Between 1777 and 1873, it was the currency of Sweden. The daler, like the dollar, [1] was named after the German Thaler.
[62] [63] The law about money laundering is based on an EU directive and sets a limit of €5,000 for cash transactions to be investigated regarding origin of money and receipts to be claimed, by companies such as banks, car dealers etc. [64] Many more Swedish laws today include amounts in euro due to EU directives. [65]
In late 1992 (Monday 14 September) the British pound began a steep decline that made it "leave" the Exchange Rate Mechanism on the Wednesday of that week. At the same time the Swedish currency began to decline; the first reaction from the central bank was to try to keep the current fixed exchange rates in place, and they set a target for their equivalent to the federal funds rate ("marginal ...
The Scandinavian Monetary Union was a monetary union formed by Denmark and Sweden on 5 May 1873, with Norway joining in 1875. It established a common currency unit, the krone/krona, based on the gold standard.
“We would rather get our money from the market,’’ said McHargue, president of the Nebraska Farm Bureau. “It doesn’t feel great to get a government check.’’ ...
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Swedish krona: 1873–present Replaced Swedish riksdaler [1] Historical use of a currency called crown. ... Money portal; Numismatics portal; Crown (British coin)