Sweden The Swedish Krona (SEK) is the official currency of Sweden and is issued by Sveriges Riksbank. The Krona has been in use since 1873 when Sweden joined the Scandinavian Monetary Union, which dissolved in the early 20th century. Sweden is part of the European Union (EU) but has opted to keep its own currency instead of adopting the Euro. The Krona is freely traded and considered stable, reflecting Sweden’s strong economy, which is based on manufacturing, technology, and a high standard of living.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
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