What Is Sweden’s Currency? – Swedish Krona (SEK) Explained

💰 Sweden’s Official Currency

Sweden’s official currency is the Swedish Krona (SEK).
The international currency code for the Swedish Krona is SEK.

The Swedish Krona is the only legal tender in Sweden and is used for all daily transactions and official payments.

⚠️ Although Sweden is a member of the European Union, it is not part of the Eurozone and does not use the Euro as its official currency.

🏛️ A Brief History of the Swedish Krona

The Swedish Krona has been in use since 1873.
Despite joining the European Union, Sweden chose not to adopt the Euro following a national referendum.

Monetary policy in Sweden is determined by the Sveriges Riksbank (Swedish Central Bank), which is the world’s oldest central bank.

💹 Swedish Currency Symbols and Abbreviations

Key information about the Swedish Krona:

• Currency code: SEK

• Symbol: kr

• Subunit: 1 krona = 100 öre

Note: The öre is no longer used in physical form. Prices are rounded to the nearest krona in cash payments.

💱 Swedish Banknotes and Coins

📌 Banknotes

The Swedish banknotes currently in circulation are:

• 20 kr

• 50 kr

• 100 kr

• 200 kr

• 500 kr

• 1,000 kr

📌 Coins

Commonly used Swedish coins include:

• 1 kr

• 2 kr

• 5 kr

• 10 kr

💸 Can You Send Money from Turkey to Sweden?

Yes.

With PayPorter, sending money from Turkey to Sweden is fast, secure, and cost-effective.

Thanks to PayPorter’s international money transfer services and secure infrastructure, transfers to Sweden reach recipients in a short time.

🔹 PayPorter Advantages

• Money transfers to over 185 countries

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You can visit the relevant page to send money from Turkey to Sweden easily.

🌍 Can the Swedish Krona Be Used in Turkey?

No.
The Swedish Krona is not a legal means of payment in Turkey and is only available at a limited number of exchange offices.

In financial transactions between Turkey and Sweden, SEK or Euro is commonly used. You can also transfer money securely from Sweden to Turkey with PayPorter.

💡 Interesting Facts About Sweden’s Currency

• Sweden is one of the most cashless societies in the world.

• Card and mobile payments are extremely common.

• Many shops and cafés do not accept cash.

• The Swedish Krona is fully integrated with digital payment systems.

• The Riksbank is actively working on a digital currency project known as the e-krona.

❓ Frequently Asked Questions About Sweden’s Currency (FAQ)

What is Sweden’s official currency?

Sweden’s official currency is the Swedish Krona (SEK).

Is the Euro accepted in Sweden?

No. The Euro is not legal tender, though it may be accepted in some tourist areas.

Can I send money from Turkey to Sweden?

Yes. You can send money to Sweden quickly and securely with PayPorter.

Is credit card usage common in Sweden?

Yes. Credit cards and contactless payments are widely used across the country.

Can I withdraw money from ATMs in Sweden?

Yes. Most international cards are accepted, though fees may vary depending on your bank.

Last Uptade: January 2026

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