Currencies

Countries that use the Swedish Krone

The Swedish Krone is an official national currency and used only in Sweden. 1 Krone is devided into 100 Öre.

ISO 4127:
SEK
Numeric:
752
Symbol:
kr
1.00 Swedish Kronen = 0.11 US Dollar
(date: 09/20/2018)



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Exchange rate history 10 SEK in USD



Swedish Krone as currency

CountryRegion
SwedenNorthern Europe




Currency reserves for the Swedish Krone

According to the International Monetary Fund, the total broad money (M3) amounted to SEK 3,360.04 billion at the end of 2017. For currency hedging, reserves were held in a total amount of 531.67 billion Krones. This corresponds to a ratio of 1:6.3. In other words: Not even 1 of 7 Krones is deposited with a countervalue.

Approximately 44.8 billion Krones (8.4%) of the currency reserves exist in gold reserves, the remainder consists of foreign currencies, special drawing rights in the International Monetary Fund and other reserve positions.

Worldwide currency and gold reserves

US Dollar as currency

CountryRegion
American SamoaPolynesia
British Virgin IslandsCaribbean
EcuadorSouth America
El SalvadorCentral America
GuamMicronesia
East TimorSoutheast Asia
Marshall IslandsMicronesia
Federated States of MicronesiaMicronesia
PalauMicronesia
Northern Mariana IslandsMicronesia
Puerto RicoCaribbean
Turks and Caicos IslandsCaribbean
United StatesNorth America
Virgin IslandsCaribbean
British Indian Ocean TerritoryEastern Africa
Bonaire, Saint Eustatius and SabaCaribbean