This article is about the Swedish unit of currency. See below for a list of similarly named currencies of other countries. Krona is also the name of a DC Comics alien villain.
The Krona is the currency used in Sweden. The plural form is kronor and one krona is divided into 100 öre, singular and plural. The ISO 4217 code is SEK. Abbreviated "kr".
The introduction of the krona, which replaced the riksdaler as the country's legal tender, was a result of the Scandinavian Monetary Union, which came into effect in 1873 and lasted until the First World War. The parties to the union were the Scandinavian countries, where the name was krona in Sweden and krone in Denmark and Norway, which in English literally means crown. After dissolution of the monetary union Sweden, Denmark and Norway all decided to keep the name of their respective and now separate currencies.
By tradition the one-krona coins carry the effigy of current monarch and one of the Coats of Arms of Sweden, or a crown, on the reverse side. The royal motto of the monarch is also inscribed on the coin.
The exchange rate of the Swedish krona against other currencies has historically been dependent on the monetary policy pursued by Sweden at the time. Since November 1992 a managed float regime has been upheld. On January 23, 2005, the exchange rate was 6.94183 against the United States dollar, 9.05438 against the euro and 13.0355 against the British pound.
The Swedish Cancer Society was founded in 1951 to support cancer research since government subsidies were – and remain – only modest.
The aim of the annual Swedish Cancer Society Report is to strengthen opinion-leading efforts, and to contribute with the Society’s knowledge and experience in order to highlight problems in the area of cancer.
In an endeavour to resolve this situation, the Swedish Cancer Society together with the Red Cross has therefore financed a research post in the subject at the Stockholm School of Economics.
Notwithstanding this, on 14 September 2003, a consultative Swedish referendum was held on the euro, the result of which was a strong rejection of the common currency.
The Swedish government has argued that such a line of action is possible since one of the requirements for eurozone membership is a prior two-year membership of the ERM II.
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