On 13 March 2008 the Executive Board of the Riksbank decided to review the banknote and coin series. The basic features of Swedish banknotes and coins have remained unchanged during a relatively long period. The nature of the assignment is to review denominations, formats, security features etc and to highlight environmental aspects and costs to society.
The objective is to design a modern, durable and secure series of banknotes and coins that will be valid for a five-year period at least.
The project was initiated at the beginning of 2008 and is expected to continue for 2-3 years. The work will be divided into stages and decisions on various sub-issues will gradually be made.