The banknote and coin changeover has worked well on the whole

News The Riksbank’s evaluation of the changeover of banknotes and coins in shows that cash market participants consider the changeover to have worked well on the whole, even though the coin changeover was demanding.

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The report also shows that a large majority of the general public consider that they were kept well-informed of the changeover. Most were also able to get rid of old banknotes and coins in an easy manner, even if this was more difficult with the coins than with the banknotes. All indications are that the new banknotes have been broadly accepted by the general public. The opposite applies to coins, as many people find it difficult to tell the denominations apart.

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Updated 17/05/2018