Swedish Krona (SEK)

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Swedish Krona (SEK)
The Swedish Krona is also known as the Swedish crown.

The Swedish Krona is the official currency of Sweden. As the word ‘krona’ literally means ‘crown’ in Swedish, it is also referred to as the Swedish crown. Introduced in 1873, the Swedish Krona is administered by the Sveriges Riksbank, and is usually abbreviated to ‘SEK’ or ‘kr’. Despite having agreed terms in 1995, Sweden has so far managed to avoid adopting the Euro as its national currency. Current public opinion would seem to indicate that the majority of the population is in favour of retaining the Krona and avoiding membership of the Eurozone.

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