The 50-öre coin will cease to be legal tender after 30 September 2010

The 50-öre coin ceased to be legal tender after 30 September 2010. However it will be possible to redeem the coins at banks until 31 March 2011.

 

At the same time the act on rounding off certain amounts in öre was amended. The amendment will entail amounts in öre ending in one up to forty-nine being rounded down and amounts from fifty up to ninety-nine being rounded up.


The withdrawal of the 50-öre coin is part of the review of the banknote and coin series being conducted by the Riksbank. More information on this project can be found by following the link below.

 

There is also an external campaign website for the 50-öre coin, where you can read about why the 50-öre coin was withdrawn and what will happen to all of these coins. You can also read about the history of the 50-öre coin, interesting facts and exciting stories. You will find the link at the bottom of this page.

INTERNAL LINKS
 
Press release 2008-12-18: The Riksbank proposes abolishing the 50-öre coin
Notice 2009-03-25: 50-öre coin to be abolished in 2010
EXTERNAL LINKS
 
Review of the banknote and coin series

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LAST REVIEWED
23/04/2010