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Swedish Krona (SEK) - Currency of Sweden

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Buy, Sell or Transfer Swedish Krona (SEK) in India at the best exchange rates

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 https://www.thomascook.in/foreign-exchange/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.

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) Kr
Unit 100 öre
Frequently Used Coins 1 kr, 5 kr, 10 kr
Rarely Used Coins NA
Frequently Used Bank Notes R 10, R 20, R 50, R 100, R 200
Rarely Used Bank Notes NA
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

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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, ,hotels and holidays. 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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