1 krona coin, minted in 2013 A portrait of King Carl XVI Gustaf in profile. The year of minting and the initials of the designer, Ernst Nordin. Legend: “Carl XVI Gustaf Sveriges konung” (Carl XVI Gustaf, King of Sweden).
What kind of money is krona?
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….History.SymbolskrISO 4217 codeSEKCentral bankSveriges RiksbankCurrency subunitsöre = 1/100 of a Kroner5 more rows
WHAT IS A kronor coin?
Swedish krona coins are produced by the Sveriges Riksbank since 1873. The current set of krona coins consists of coins from 1 krona to 10 krona. Coins of 50 öre coins were demonetized in 2012 and are no longer exchangeable. We exchange all legal tender Swedish krona coins free of charge.
How much is 1kr worth?
Convert Swedish Krona to US DollarSEKUSD1 SEK0.0979922 USD5 SEK0.489961 USD10 SEK0.979922 USD25 SEK2.44981 USD7 more rows
How much is $100 US in Sweden?
Are you overpaying your bank?Conversion rates US Dollar / Swedish Krona10 USD106.06100 SEK20 USD212.12200 SEK50 USD530.30500 SEK100 USD1060.61000 SEK8 more rows
Why is Swedish krona so weak?
Swedish borrowers are flush with cash because of low-interest rates. Hence, they are borrowing money at this attractive rate and investing in European investments where the yields are higher. This is the reason why the Krona is falling when the rest of the world’s currencies are rising.