South Swedish Krona (SEK)

Swedish Krona (SEK)

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About Swedish Krona (SEK)

The official currency of Sweden is the Swedish Krona and its abbreviation is SEK. The currency sign of SEK is ‘kr’ and the plural of krona is kronor. Although it is used in only one country, the Sweden currency is on the 7th rank in the world’s most traded currencies category. 100 öre make one krona.

The central bank of Sweden is known as the Riksbank. After the Second World War, the Swedish krona was pegged to the US Dollar, however currently, the SEK is not pegged to any of the international currencies.

Some facts that you ought to know about the sweden currency:

The short name for the Swedish Krona is SEK.
The most frequently used coins are ‎1 kr, 2 kr, 5 kr, and 10 kr.
The most commonly used banknotes include 20 kr, 50 kr, 100 kr, 200 kr, and 500 kr. 1000 kr is a rarely used bill of the Sweden currency.

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What People are Saying

I had some basic queries before I could decide of buying AUD, and I must say that the Thomas Cook team was professional enough in handling all of them. So much so that later when I returned from my trip I had no doubts in my mind about selling the spare AUD to Thomas Cook and the service quality was still intact.

Pratish Shaw

Exchanging Bahraini Dinar is an expensive affair although I feel the team at Thomas Cook put me at ease with some amazing rates that I couldn’t find elsewhere. Their live rate card feature was a good reference point for me to finally decide on the right time to buy the currency.

Chaitali Dattani

Being used to using credit and debit cards, I find it very stressful to carry currency in cash. I get paranoid about getting robbed at public spaces with so much cash in my purse. I applied for ‘One Currency Prepaid Travel Card’ by Thomas cook and I cannot thank them enough for this convenience. The best part is accepted at the most popular merchants and ATM’s abroad. I now travel with peace and tension free.

Srichandra

Quick Facts About Swedish Krona (SEK)

Currency Name

Swedish Krona

Short Name

SEK

Nicknames:

spänn, stålar, slant, bagare, bagis, pix, daler, para, lök, papp

Symbol(s)

Unit

100 öre

Frequently used coins

1 kr, 5 kr, 10 kr

Frequently used bank notes

R 10, R 20, R 50, R 100, R 200

Central Bank, Name & Website

South Sveriges Riksbank | www.riksbank.com

 Territories that unofficially use the Swedish Krona as a part of their legal tender: NA

The Swedish Krona Currency

The Swedish Krona is in the subdivision of 100 öre however, all the öre coins are no more in circulation since the year 2010. It is at times also referred to as Swedish Crown. The coins that are currently under circulation are 1 kr, 5 kr, 10 kr, and similarly for the banknotes, the circulation is of 20 kr, 50 kr, 100 kr, 500 kr.

How to buy forex online?
Thomas Cook not only offers the best-in-market foreign exchange rates, but also provides you with the best deals on international and domestic flight tickets, hotel bookings, and holiday packages. You can either buy forex online or visit the nearest Thomas Cook branch. To find the current SEK TO INR rate or other exchange rates, you can use our exclusive, free currency exchange converter now.

If you wish, you can visit the nearest Thomas Cook branch and our experts will be available to assist you, ensuring a seamless offline transaction.

if you still have questions, speak to our experts now and get the best exchange rate today.

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Frequently Asked Questions

What does Krone stand for in the currency name?

In English, Krone is literally known as crown therefore, krone means crown.

What’s the difference between Krone and Kroner?

There is not difference in these names. While Krone is a singular term, its plural is called the kroner.

How is the Swedish Krone different from other Krone currencies?

Krone is a currency unit however, each country using this unit has its own financial system of pegging their currency. These countries use their name as suffix to thereby differentiate their Krone from other currencies using the Krone unit.

How much money can I carry in/out of Sweden?

You may carry up to EUR10,000, or foreign currency equivalent, in and out of Sweden if it is to do with travelling from and to a non-EU nation. However, in case the amount you are carrying exceeds the given limit, then you must declare the same. For travellers arriving from or travelling to a EU nation, there is no currency limit. To make sure you have the right information pertaining to the currency regulations, we suggest you get in touch with one of our representatives.

Is Euro accepted in Sweden?

No. Vendors will not accept any other currency than the Krone and therefore we suggest you keep the Krone handy with you before you take the trip to Sweden. For more information you may get in touch with our experts.

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