Swedish krona exchange rate

Here you can watch how the Swedish krona fluctuates on the market and when the Swedish krona exchange rate is the best.

The Swedish krona is the official currency of Sweden.

The Swedish krona (SEK) has been the currency of Sweden since 1873. It is issued by the Swedish central bank, Sveriges Riksbank. The symbol of the currency is kr. One krona is subdivided into 100 öre. In English, the currency is sometimes referred to as the Swedish crown (‘krona’ means ‘crown’ in Swedish).

Coins currently in circulation are 1, 5 and 10 kronor. Banknotes are in denominations of 20, 50, 100, and 500 kronor.

Swedish krona nicknames: spänn, bagis, pix, riksdaler.


  • The Swedish Krona was introduced in 1873, replacing the Riksdaler at par. The currency was introduced as a result of the Scandinavian Monetary Union with Norway and Denmark, which lasted until World War I. Currencies under the treaty were under the gold standard.
  • The Monetary Union ended with the outbreak of World War I in 1914. Sweden abandoned the gold standard on August 2, 1914, and without a fixed exchange rate the union came to an end.
  • By treaty, Sweden is required to join the eurozone and convert to using the Euro. However, most Swedes are opposed to adopting the currency. On September 14, 2003, 56% of a high turnout of voters rejected adopting the Euro. Taking advantage of a loophole, the Swedish government has opted not to join ERM II (Exchange Rate Mechanism), a precondition to adopting the Euro.

Don’t forget to have your passport, insurance, tickets and cash with you when you travel.

You can follow Swedish krona rate online at: www.valiuta24.lt