Picture of a sheet of 100-kronor banknotes

Did you know that

Mountains of banknotes
If you stacked all of the banknotes in circulation on top of one another the pile would be 30 kilometres high, or 3 1/2 times as tall as Mount Everest.

Counterfeit banknotes
In the year 2004 there were 2,051 cases of counterfeit banknotes detected and reported to the police, which amounted to a total monetary value of SEK 886,500.

Coins in the home
55 per cent of Swedish households have coins lying around the house to a value of 756 kronor.

Picture of a hand examining a banknote

Invalid banknotes and coins from 1 January 2006

Picture of the notes and coins to become invalid from 1 January 2006.

The Riksdag (the Swedish parliament) decided on 27 October 2004, following a proposal from the Riksbank, that some older series of banknotes and coins will cease to be legal tender after 31 December 2005. The banknotes and coins that will become invalid are: all silver-coloured 50-öre coins; the old, slightly larger version of the 20-krona banknote with the bluish shade; and the old 100- and 500-krona banknotes without a foil strip and see-through picture. READ MORE

 

Link to the Press Release "Notes and coins equivalent to SEK 5 billion to become invalid at year-end

 

Link to the banknotes and coins in question

 

Link to questions and answers

ACT ON ADVERTISING ON BANKNOTES AND COINS

From 1 April 2005 it is prohibited to circulate banknotes and coins that have been tampered with or changed. The background to the new prohibition is the occurrence of 'advertisement coins', i.e. coins issued by the Riksbank, onto which another party has applied an adhesive label with a marketing message. The Swedish Parliament has judged that the circulation of such coins should be prohibited for several reasons. As a result of the new prohibition the Riksbank is entitled to impose a financial penalty on all parties that have essentially contributed to the circulation of such banknotes and coins.

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LAST UPDATED 4/4/2004