Frequently asked questions
How many banknotes are in circulation?
At the end of 2007/beginning of 2008, there were approximately 413 million banknotes in circulation, amounting to a total value of SEK 108.5 billion.
What is the most common banknote?
The denomination that dominates in terms of quantity of notes in circulation is the 500-kronor note; at the end of 2007/beginning of 2008 there were just over 111 million of these in circulation. This is followed by the 100-kronor note, with almost 108 million, the 20-kronor note with around 90 million. There were around 39 million 1,000-kronor notes in circulation and just over 27 million 50-kronor notes.
How much do banknotes and coins weigh?
A wad containing 100 banknotes:
What do I do if I have received a counterfeit banknote?
Counterfeit banknotes may not be used as a means of payment. To do so deliberately is a serious crime that is punishable by a prison sentence. Even the possession of counterfeit notes is an offence. If a person detects a counterfeit note they should refuse to accept it. A person who has already accepted such a note, should try to remember how he or she might have obtained it and report it to the police. Further information about counterfeit notes and security features on notes can be found among the links at the bottom of the page.
What do I do if I find banknotes that are no longer valid?
If you still have banknotes that became invalid after 31 December 2006 (the older versions of the 100-krona and 500-krona banknotes without a foil strip and see-through picture, the older 20-krona notes that are slightly larger with a bluer tone) you can go to your own bank or to Svensk Kassaservice and deposit the money in your account there. Any fees for redeeming banknotes are set by the respective bank or by Svensk Kassaservice. Other invalid banknotes may be sent to the Riksbank. Further information on what to do can be found among the links at the bottom of the page.
What do I do if I have received a damaged banknote?
Damaged banknotes can often be redeemed at a bank office. Sometimes, however, banknotes are damaged or tampered with and this can mean that the banknote/the remains of the note must be sent to the Riksbank for assessment and possible redemption. Further information on what to do can be found among the links at the bottom of the page.
What are Swedish banknotes made of?
The banknotes are made of raw cotton, which gives a rough and firm texture.
What does a 100-krona note cost?
The Riksbank does not print banknotes itself. We pay around SEK 40 for a 100-krona banknote.
What does a 1-krona coin cost?
The Riksbank does not mint coins itself. We pay around 75 öre (100 öre = 1 krona) for a 1-krona coin.
Who decides on the appearance of banknotes?
The Riksbank’s monopoly on issuing banknotes also includes a monopoly on determining their appearance. The design of the current banknotes has thus been determined by the General Council of the Riksbank (on suggestions from a committee including artistic representatives attached to Crane & Co).
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