SEK
AcronymDefinition
SEK | Swedish Krona (Currency of Sweden) |
SEK | Software Evaluation Kit |
SEK | Spezialeinsatzkommando (German police special force) |
SEK | Schweizerischen Evangelischen Kirchenbundes (German: Swiss Protestant Church Federation; Bern, Switzerland) |
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No less, what kind of money is SEK?
listen); plural: kronor; sign: kr; code: SEK) is the official currency of Sweden. Both the ISO code "SEK" and currency sign "kr" are in common use; the former precedes or follows the value, the latter usually follows it but, especially in the past, it sometimes preceded the value.
Not to mention, why is the SEK so weak? The weak Swedish krona has made the country a top holiday destination this summer. ... The weak krona is partly driven by the negative interest rate of -0.25% set by Riksbanken. The Swedish Central Bank has kept the interest rate extremely low over the past few years to boost consumption spending.
Thus, does Sweden accept US dollars?
You cannot use Euros nor US dollars as payment in Norway, Sweden and Denmark. We all have our own currencies as you have already understood.
How much is a cup of coffee in Sweden?
A coffee costs around 25kr and the price will often buy you more than one cup. For snacks and light meals you're really looking at the delights dished up by the gatukök (street kitchen).
13 Related Questions Answered
Swedish kronor
One US dollar is currently worth 7.8227 SEK. With Travelex, you can exchange your U.S. dollars to Swedish kronas online, discover the latest Swedish krona exchange rates, compare historic rates and find out how USD to SEK rates compare against other currency exchange rates.
Swedish Krona: A Strong Currency, But Might Be Approaching Its Limits. The SEK/EUR has continued to appreciate. However, a flock to safe haven currencies and worsening economic conditions could mean a depreciation in the krona.
Food
Supermarket productsPrice
Swedish hot dog | 20–55 SEK |
Bottle of water | 22–30 SEK |
Can of soda (33cl) | 10 SEK |
Falafel wrap | 30–55 SEK |
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.
If you want a bare-bones budget of just food, accommodation, and transportation, you'll need around $65-75 USD per day. Add in some museums, and you'll need around $80+ USD per day. If you're the average “stay in a hostel/hotel, eat cheap, go out a few times” traveler, then you should budget around $90 USD per day.
House Prices in Sweden The average price to buy across Sweden is around 53,500 SEK per m² (5,200 USD). The average price to buy a home in Stockholm, Sweden's most expensive city, is around 74,900 SEK per m² (8,600 USD).
Average pizza prices in pizzerias in Sweden in 2018, by city In 2018, consumers had to spent on average 84.89 Swedish kronor for a Vesuvio pizza from a pizzeria in Sweden's capital Stockholm. Average pizza prices were also very high in Umeå, Norrköping and Uppsala.
Summer -- When it comes to weather, the ideal time to visit Sweden is from June to August. At this time, all its cafes and most attractions, including open-air museums, are open, and thousands flock to the north of Sweden to enjoy the midnight sun.
There is no restriction on how much money you can bring, but you MUST declare any value above 10,000 EUR. You will lose a lot more by bringing cash. Swedish banks hate cash and you will pay a lot for them to handle it. Just cashing a foreign check will cost you 500SEK.
Sweden is a nearly cashless country - bring your debit/credit card. Many Swedes prefer to use plastic over cash - some cafes and kiosks in Stockholm even refuse cash payments and accept cards only. So you're not likely to need a great deal of hard currency for your trip if you prefer to rely on credit and debit cards.
Sweden is leading the race to become the world's first almost cashless society: the use of cash has been declining for years, and instant mobile payments and other new technologies have gained prominence.
What makes Sweden so expensive? Well, partly it's down to the country's strict labour laws, which make it relatively expensive for companies to employ people. And partly it's because of Sweden's notoriously high taxes, which help to keep the welfare state well oiled. It isn't all bad news for foreign visitors, though.