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Due to metal shortages during World War I , iron replaced bronze between and Nickel-bronze replaced silver in the 10, 25 and 50 öre in , with silver returning in Between and , the nickel-bronze 10, 25 and 50 öre were again issued.
In , iron again replaced bronze until and the silver content of the other coins was reduced.
In , cupronickel replaced silver in the öre, öre and öre coins. In , the 2 kronor switched to cupronickel and the 1-krona switched to cupronickel-clad copper it was replaced entirely by cupronickel in Nonetheless, all previous mintages of 1- and 2-krona coins were still legal tender until , since and , respectively, though 2-krona coins were extremely rarely seen in circulation as they have not been issued since A new design of 2-krona coins will be issued in Currently all the old krona coins are invalid since , and they can not be used for payments, nor can they be exchanged for legal tender in any bank, and are instead instructed to be recycled as metal.
In , and , five-krona silver coins were produced, with designs similar to contemporary 1- and 2-krona coins.
In , a new, smaller 5-krona coin was introduced, struck in cupronickel-clad nickel. The current design has been produced since Five-krona coins minted since are legal tender but tend to be kept by collectors for their silver content.
In , the 1- and 2-öre, as well as the 2-krona coins ceased production. The size of the 5-öre coin was reduced in In , aluminium-brass " Nordic gold " krona coins were introduced.
Previous krona coins are not legal tender. Jubilee and commemorative coins have been minted and those since or later are also legal tender.
The royal motto of the monarch is also inscribed on many of the coins. The 5-krona coin was designed in , at a time when there were political efforts to abandon the monarchy, when there was a new young inexperienced king.
The monarchy remained, but the 5-krona was not given a portrait. Coins minted before have the same size, but contain the portrait of King Gustav VI Adolf and his royal motto.
The öre would still remain a subdivision unit for electronic payments. Under that law, the final date payments could be made with öre coins was 30 September Remaining öre coins could be exchanged at banks until the end of March In , notes were introduced by the Riksbank in denominations of 1 krona and 5, 10, 50, and 1, kronor.
The 1-krona was only initially issued for two years, although it reappeared between and In and , 10,krona notes were issued.
Production of the 5 kronor note ceased in , although a coin had been issued since With the introduction of a krona coin in , production of krona notes ceased and a 20 kronor note was introduced.
All remaining one-krona banknotes became invalid after 31 December All remaining five-krona and ten-krona banknotes became invalid after 31 December An exhaustive list of every banknote design since is not included, but the following five designs were or will be retired in — The oldest design began to be printed in A krona banknote a new denomination was printed — with a portrait of the writer Selma Lagerlöf and on the reverse was an engraved interpretation of a passage from the book The Wonderful Adventures of Nils.
The banknote became invalid after 31 December A more secure version with the same portrait was printed from to and became invalid after 30 June A krona banknote 3rd design since was printed — with a portrait of the singer Jenny Lind and on the reverse was a picture of a silver harp and its tonal range.
A krona banknote 3rd design since was printed — with a portrait of the botanist Carl Linnaeus and on the reverse was a drawing of a bee pollinating a flower.
A more secure version with the same portrait was introduced in and became invalid after 30 June A krona banknote a new denomination in a blue shade was introduced in with a portrait of King Charles XI and on the reverse an engraving depicts Christopher Polhem , the "father of Swedish engineering".
These banknotes became invalid on 31 December A krona banknote red, but without foil strips with the same portrait was printed — This banknote became invalid after 31 December The banknote had some controversy in because of the executions of " Snapphane " guerrilla warriors that King Charles XI ordered.
The first two designs of 1,krona banknotes printed from to and — became invalid on 31 December The third design with portrait of Jöns Jacob Berzelius printed — and declared invalid on 31 December Circulation peaked at over 48 million in On 15 March , the Riksbank introduced a new, more secure 1,krona banknote with the same portrait and the Riksbank became the first central bank in the world to use the security feature of MOTION a moving image in the striped band on the new 1,krona banknote.
When the banknote is tilted, the picture in the striped band appears to move. Replacement banknotes featuring Dag Hammarskjöld became valid on 1 October , but were circulated in considerably fewer quantities less than 3.
The 10,krona banknote was always printed in small quantities as it was one of the most valuable banknotes in the world.
The first design featuring the Head of Mercury was printed in and became invalid after 31 December The second design was printed and featured a portrait of Gustav VI Adolf , and became invalid after 31 December This would also include a new krona banknote.
These are:. She pointed out that it was very inappropriate to include something by Wagner, whose works were associated with Nazi Germany , in a time of increasing problems with antisemitism in Sweden.
Wagner died long before the Nazi era, and the association is that Hitler liked his music. The Riksbank replied saying that it is "unfortunate that the choice of design is seen as negative", and stated that it is not going to be changed.
Dagens Nyheter journalist Björn Wiman went further in his criticism, condemning the Riksbank for selecting Nilsson at all for the krona banknote.
He brings up an example from Nilsson's autobiography, where she described Mauritz Rosengarten from Decca using antisemitic jokes about greed.
To see where Swedish krona ranks in "most traded currencies", read the article on the Foreign exchange market. The exchange rate of the Swedish krona against other currencies has historically been dependent on the monetary policy pursued by Sweden at the time.
Since the Swedish banking rescue , a managed float regimen has been upheld. The weakest the krona has been relative to the euro was 6 March when one euro bought The strongest the krona has been relative to the euro was on 13 August when one euro bought 8.
The weakness in the euro was due to the crisis in Greece which began in July and fear of further spreading to Italy and Spain.
Learn more. Schmidt, Tracy L. Standard Catalog of World Coins, Date 14 th edition. ISBN Schmidt; Standard Catalog of World Coins, 7 th edition.
Michael, Thomas editor ; Standard Catalog of World Coins, 9 th edition. Standard Catalog of World Coins, 47 th edition.
Gerhard Schön; Weltmünzkatalog Download as PDF Printable version. Norges bank. Olav's Order. For table standards, see the coin specification table.
Stylized Container ship and Orion. These images are to scale at 0. For table standards, see the banknote specification table.
Silver —, cupro-nickel —96 holed —49 , zinc —, bronze — United States dollar. Japanese yen.
Pound sterling. Australian dollar. Canadian dollar. Swiss franc. Hong Kong dollar. New Zealand dollar. Swedish krona.
South Korean won. Singapore dollar. Norwegian krone. Mexican peso. Indian rupee. Russian ruble. South African rand.
Turkish lira. Brazilian real. New Taiwan dollar. Danish krone. Thai baht. Indonesian rupiah. Hungarian forint.
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