SEK
Business & Finance abbreviation · Currency
| Stands for | Swedish krona |
|---|---|
| Categories | Business & Finance |
SEK stands for Swedish krona, a currency abbreviation.
Sweden's currency, issued by Sveriges Riksbank, the world's oldest central bank, founded in 1668. The krona is divided into 100 ore, though ore coins are no longer used.
Example: A coffee and cinnamon bun in Stockholm costs about SEK 75.
Usage notes
Sweden is one of the most cashless societies in the world, with mobile payments through Swish used for everything from shops to church collections. Swedish voters rejected joining the euro in a 2003 referendum. Prices are written kr, and the plural is kronor.