SEK (kr)

Currency: Swedish krona

Sweden’s official currency. One US dollar is worth around 8.50 SEK. The Swedish krona is the official currency of Sweden. It was introduced in 1873, replacing the riksdaler. One krona is divided into 100 öre. The krona is issued by Sveriges Riksbank and is symbolized by the abbreviation SEK. The exchange rate of the krona is relatively stable, and it is not pegged to any other currency. The krona is widely used in Sweden for all transactions.