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.
Invalid banknotes and coins 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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