What currency do they use in Sweden?

Despite being a part of the EU, Sweden does not use the euro. There was a referendum back in 2003 and at that time, Swedes decided not to adopt the single currency.

All of this means that if you’re planning a trip to Sweden you’ll need to get used to Sweden’s very own currency, the Swedish krona.

Swedish crowns, often referred to as SEK or Kr, are each divided up into 100 öre (think of them as pennies or cents). It’s still quite common to see price labels that include öre (for example, 7,95 SEK) but because the öre part is worth so little, it’s always ignored when it actually comes to paying the bill. So, for example: if your supermarket bill comes to 149,87 SEK, you’ll actually be charged 150 SEK. And if your bill comes to 149,20 SEK, you’ll only pay 149.

Swedish bank notes have the following denominations: 20, 50, 100, 200, 500 and 1000. There are also four types of coins – 1 SEK, 2 SEK, 5 SEK and 10 SEK. You can withdraw paper money at ATMs right across the country, but be aware that it can be difficult to spend them – many, many businesses in Sweden (including some banks) are completely cash-free.

For the most part, euros are not accepted in Sweden. However, you can spend them at tourist shops in Stockholm and at some hotels – usually those owned by big international chains.

If you need to send money to or from Sweden, we recommend using Transferwise.


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