The Swedish Krona (SEK)
The Swedish Krona (SEK, kr) is the official currency of Sweden, a Nordic country known for its high quality of life, innovative economy, and strong social systems. The krona supports everyday life in Sweden and plays a key role in the country’s trade, investments, and economic policies.
Currency overview
The Swedish Krona is managed by Sveriges Riksbank, the central bank of Sweden. It handles the printing of currency, controls interest rates, and helps maintain economic stability.
The krona was introduced in 1873, replacing the riksdaler as part of the Scandinavian Monetary Union. As of 2025, the krona is 152 years old.
The krona is known for its colorful and modern banknote designs that feature famous Swedish personalities, such as Greta Garbo and Ingmar Bergman. Sweden is also one of the most cashless societies in the world, meaning the krona is often used digitally through cards and mobile apps. Even with the rise of digital payments, the krona remains central to Sweden’s economy.
The symbol for the Swedish Krona is 'kr,' short for 'krona,' which means 'crown' in Swedish. The international currency code is SEK. This simple symbol makes the currency easy to recognize both locally and globally.
Swedish Krona Stats | |
|---|---|
Name | Swedish Krona |
Symbol | SEK / kr |
Minor unit | Öre (no longer in physical form) |
Minor unit symbol | – |
Top SEK conversion | SEK/USD |
Top SEK Chart | SEK to USD, EUR, GBP |
Swedish Krona Profile | |
|---|---|
Nicknames | Krona, SEK |
Coins | 1, 2, 5, 10 kronor |
Bank notes | 20, 50, 100, 200, 500, 1,000 kronor |
Central Bank | Sveriges Riksbank |
Users | Sweden |
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