Currency in Sweden
Information about currency and prices in Sweden
The monetary unit in Sweden is the krona (plural “kronor”) and equals 100 öre. Bank notes are printed in values of 20, 50, 100, 200, 500 and 1,000 kronor, coins 1, 2, 5 and 10 kronor.
There is no limit on the amount of Swedish and foreign currency taken into Sweden. Sweden has yet to ratify the Euro treaty.
Please note: The older versions of the 20, 50 and 1,000-krona banknotes are now not valid. Also, all coins except the 10-krona coin will become invalid in 2017. Since 30 June 2017, the older 100- and 500-krona banknotes and the older 1-, 2- and 5-krona coins are now invalid. Important information and schedule for the banknote and coin changeover.
Credit cards and cash
Sweden is widely regarded as the most cashless society on the planet. Most of the country’s bank branches have stopped handling cash; many shops, museums and restaurants now only accept plastic or mobile payments
Major credit cards (some restriction may apply to American Express) are widely accepted throughout Sweden at banks, hotels, stores, restaurants, taxis, car rental companies, and for air, ship and rail tickets.
Please note! In order to pay or withdraw cash with your credit card it requires that you have a card with chip and PIN (Personal Identification Number). The older magnetic-stripe cards won’t work.
You can get cash with your Visa, MasterCard, Maestro or Cirrus card at any “Bankomat” or “Uttagsautomat” ATM.