Everything you need to know
Sweden Currency
Travelling to or living in Sweden? Managing your money shouldn’t be stressful. With TransferGo, you can send, spend, and exchange money affordably — so more of your money goes where it matters.
Use the GoCard in Sweden
Open a UK bank account with us and get a GoCard for smarter spending in Sweden. Pay in local shops, use ATMs globally, and enjoy contactless payments—all with zero hidden fees. Everything is managed from the app. Available only to UK and EU residents.
What is the currency in Sweden?
The official currency of Sweden is the Swedish krona
The krona was introduced in 1873, replacing the riksdaler. It remains one of Europe’s most trusted currencies. Sweden has discussed joining the euro but remains committed to the krona.
SEK, kr
Banknotes
kr20
kr50
kr100
kr200
kr500
kr1,000
Coins
kr1
kr2
kr5
kr10
Popular Krona pairings
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Z
How to spend money in Sweden
Sweden is one of the most cashless societies in the world. Most payments are made with cards or mobile apps like Swish. Many businesses, including cafés and shops, no longer accept cash at all. ATMs exist but are used less frequently. Contactless card payments are standard, and mobile wallets are widely supported.
Tips for exchanging money in Sweden
Currency exchange offices exist but aren’t used much—cards dominate.
If you carry cash, small notes are more practical as many vendors refuse large bills.
Always expect to pay in krona; foreign currencies are not accepted in shops.
For visitors, sticking to cards or mobile payments is the easiest option.
Choose smart tools like TransferGo to send and exchange money at transparent rates with no surprises.
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Frequently asked questions
What is the official currency used in Sweden?
Swedish krona (SEK, kr).
What is the official currency used in Sweden?
Symbol: kr | Code: SEK
Can I use my home currency in Sweden?
Rarely accepted; paying in SEK is best.
How can I use my GoCard in Sweden?
Just activate it in the app and start spending—online or in stores.
Is it better to use cash or card when spending in Sweden?
Cards and contactless payments are preferred; carry cash only for rural areas.
Are credit or debit cards widely accepted in Sweden?
Yes, almost everywhere.
Are there ATMs available in Sweden, and are there withdrawal limits?
Yes, widely available; limits vary by provider.
Can I use a GoCard in Sweden?
Yes! You can use your GoCard for spending, withdrawing, or managing your money—with fair rates and no hidden fees.