| 1 $ = | Start | 05/27/2026 | Change | |
| Last 24 hours | 9.2987 kr | ⇨ | 9.2627 kr | -0.39% |
| Last week | 9.3857 kr | ⇨ | 9.2627 kr | -1.31% |
| Last month | 9.1889 kr | ⇨ | 9.2627 kr | +0.8% |
| Last year | 9.5783 kr | ⇨ | 9.2627 kr | -3.3% |
| Currency | 05/20/2026 | 05/27/2026 | Change | |
| Venezuelan Bolívar (VES) | 517.31 Bs. | ⇨ | 534.72 Bs. | +3.36% |
| Kazakhstani Tenge (KZT) | 471.96 ₸ | ⇨ | 479.93 ₸ | +1.69% |
| Indonesian Rupiah (IDR) | 17,655 Rp | ⇨ | 17,834 Rp | +1.01% |
| Ghanaian Cedi (GHS) | 11.553 ₵ | ⇨ | 11.659 ₵ | +0.92% |
| Argentine Peso (ARS) | 1,398.5 $ | ⇨ | 1,410.5 $ | +0.86% |
| Hungarian Forint (HUF) | 311.27 Ft | ⇨ | 304.8 Ft | -2.08% |
| Egyptian Pound (EGP) | 53.449 E£ | ⇨ | 52.219 E£ | -2.3% |
| Israeli Shekel (ILS) | 2.9209 ₪ | ⇨ | 2.8378 ₪ | -2.84% |
| Colombian Peso (COP) | 3,794.9 $ | ⇨ | 3,675.7 $ | -3.14% |
| Sri Lankan Rupee (LKR) | 344.6 Rs | ⇨ | 332.03 Rs | -3.65% |
| See also: 24h, monthly and yearly currency moves | ||||
| Currency name | Swedish Krona |
| Symbol | kr |
| Also known as | SEK, Swedish Krona, 1 kr = 100 öre |
| ISO code | SEK |
| Banknotes | 20, 50, 100, 200, 500, 1000 kr |
| Coins | 1, 2, 5, 10 kr |
| Central bank | Sveriges Riksbank - Website: www.riksbank.se |
| Countries | 1 country: Sweden (capital: Stockholm, major cities: Stockholm, Gothenburg, Malmö, Uppsala) |
| Population | 10 mil. |
History
The Swedish krona (kr or SEK) — meaning "crown" — is the currency of Sweden and has a history intertwined with Scandinavian monetary cooperation and independent innovation. Sweden's monetary history begins with silver coinage in the medieval period, but a landmark event was the founding of Stockholms Banco in 1656, which issued the world's first European banknotes in 1661 — a historic financial innovation.
Sweden joined the Scandinavian Monetary Union in 1873, adopting the krona and sharing it with Denmark and Norway. The union functioned as a common currency zone until World War I. Sweden then managed the krona independently, navigating the deflationary 1930s by abandoning the gold standard in 1931 and allowing the krona to depreciate — an early example of pragmatic monetary policy.
Sweden joined the EU in 1995 but in a 2003 referendum voted decisively against adopting the euro, and has remained outside the eurozone. The Riksbank, Sweden's central bank (established 1668, the world's oldest central bank still in operation), manages the krona under an inflation-targeting framework with a free-floating exchange rate.
The Swedish krona experienced a severe crisis in 1992 when speculative pressure forced the Riksbank to abandon its fixed peg to the ECU (European Currency Unit) after defending the rate with interest rates briefly reaching 500% — one of the most dramatic episodes in modern monetary history. Since then the free float has served Sweden well, allowing the krona to absorb external shocks.
Sources:
"Swedish krona", Wikipedia, https://en.wikipedia.org/wiki/Swedish_krona
"Riksbank", Wikipedia, https://en.wikipedia.org/wiki/Riksbank