Visit Sweden

Sweden's official website for tourism and travel information

A man and a woman are looking at bowls and glasses at an IKEA department store.
Shopping at IKEA
Photo: Simon Paulin/


Currency, credit cards and money in Sweden

Sweden is often said to be expensive but not everything is expensive, and at the moment the Krona is actually a little lower so it's a perfect time to pay a visit. Read on for more information about currency, payment methods and prices in Sweden.

The monetary unit in Sweden is the krona SEK (plural “kronor”) and equals 100 öre. Bank notes are printed in values of 20, 50, 100, 200, 500 and 1,000 kronor. The coin is available as 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 old coins except the 10-krona coin became 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. Information about valid banknotes in Sweden and information about valid coins can be found here.

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. Most terminals in stores are supporting the use of paying with contactless cards.

But no need to worry. 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. 

How and where can you get cash in Sweden?

You can get cash with your Visa, MasterCard, Maestro or Cirrus card at any “Bankomat” or “Uttagsautomat” ATM. A small fee can be added for your withdrawal, it's all depending on your banks terms.

You can also go to a money exchange office like Forex or X-change. At the page Forex - currency rates you can find their rates for different currencies and can compare for example the rates for dollar(USD), Euro (EUR) or maybe Pound (GBP) to the Swedish crona (SEK). 

There is often ATM's available directly at the airport, for example on Arlanda, Landvetter, Skavsta, Malmö and Luleå.

Travellers’ cheques

For travellers' cheques, or to exchange from your own currency, please find more information at Forex Bank or at X-Change

Mobile payments

Many Swedes use the mobile app Swish for doing bank errands and/or mobile payments. The app is connected to something called "BankID" which is a must to have installed on the same device as the Swish-app. BankID is connected to your social security number (SSN) through a bank, therefore everyone wanting to use Swish must have a swedish bank account and a swedish SSN (personnummer). Here you can find information about providers of BankID: Banks that offer BankID

Do you have cash left from your last trip to Sweden?

If your cash is invalid, you can contact the Swedish Riksbank, they have the possibility to redeem all invalid Swedish banknotes, regardless of their age, for a fee of SEK 100. Read more here: Redeeming invalid banknotes - Sveriges Riksbank