Thursday, 18 September 2014

Facts About Sweden Money Currency & Prices

Currency & prices

The monetary unit in Sweden is the krona (plural “kronor”) and equals 100 ├Âre. Bank notes are printed in values of 20, 50, 100, 500 and 1,000 kronor, coins 1, 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 50-krona and 1,000-krona banknotes (without foil strip) became invalid after 31 December 2013. More info here

Credit cards
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.

Travellers’ cheques
For travellers' cheques, please find more information at Forex Bank or at X-Change

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