372 million banknotes in circulation
At the end of 2008/beginning of 2009, there were approximately 372 million banknotes in circulation, amounting to a total value of SEK 106.3 billion.
The most common banknote is the 500-kronor note
The denomination that dominates in terms of quantity of notes in circulation is the 500-kronor note; at the end of 2008/beginning of 2009 there were just over 116 million of these in circulation.
The Riksbank is responsible for providing Sweden with banknotes and coins. The work includes supplying banknotes and coins, destroying banknotes and coins that can no longer be used and accepting banknotes that are no longer valid.The Riksbank has two offices and via these supplies the banks with cash. The banks, or their agents, then distribute the cash to the retail trade and the general public. The Riksbank does not have any cashier’s office for the general public to redeem banknotes and coins. However, the Riksbank can in certain cases redeem banknotes sent by post. Read more about the type of banknotes and what to do here:How to redeem invalid banknotesHow to redeem damaged banknotesHow to redeem stained and discoloured banknotesThe Riksbank does not redeem coins.
New motif on this year's 1-krona coin
All 1-krona coins minted in 2009 will carry a new motif on their reverse to commemorate the 200th anniversary of Finland’s separation from Sweden. Information folder (pdf)
Extended period for redeeming versions of the 500-krona and 100-krona banknotes without foil strips and older 20-krona notes applies until further notice
The older, and currently invalid, versions of the 500-krona and 100-krona banknotes without a foil strip and a see-through picture and the slightly larger 20-krona notes in a bluer tone can still be redeemed by your bank. Any fees for redeeming the banknotes are set by the respective bank.
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