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The Sveriges Riksbank Act

01/01/2023 -

The Sveriges Riksbank Act (SFS 2022:1568) from 1 January 2023.

About the Riksbank / How the Riksbank is governed

The first local office opens

07/02/2018 -

To facilitate the handling of cash and loans, the Riksbank opens regional offices in Göteborg and then, just afterwards, in Malmö. ...

About the Riksbank / History

Many types of coin become one

07/02/2018 -

In the 18th century, there are many different coins and counterfeits are common. Consequently, Johan Liljencrantz, Minister of Finance under Gustav III, carries out a coin reform so that only one coin, the riksdaler, is left. At the same time,...

About the Riksbank / History

Private banks issue their own banknotes

07/02/2018 -

Swedish commercial banks start to emerge again, with the first being Skånska Privatbanken in Ystad. The bank had the right to issue banknotes, subject to certain terms. Thirty other banks followed due. ...

About the Riksbank / History

The Caps create deflation

07/02/2018 -

The Caps take over power from the Hats and assign the board of governors the task of restoring the value of money to what it had been 30 years ago. This leads to a severe deflation crisis. ...

About the Riksbank / History

The Swedish National Debt Office is established

07/02/2018 -

The Swedish National Debt Office is created to manage sovereign debt and fund the war with Russia. The Swedish National Debt Office issues bonds against interest, which rapidly start to be used as banknotes.

About the Riksbank / History

Financial crisis managed

07/02/2018 -

A financial crisis breaks out in the United States. It rapidly spreads to Europe and Sweden. For the first time, the Riksbank acts as a modern central bank and manages the crisis.

About the Riksbank / History

Sweden gets the krona

07/02/2018 -

When the gold standard is introduced, the new unit of coinage is named the krona. ...

About the Riksbank / History

We start using decimals

07/02/2018 -

The decimal system is introduced for coins and we get one coin system instead of two parallel ones. Instead of riksdaler banco and riksdaler riksgälds, we get riksdaler riksmynt, which are divided into 100 öre. ...

About the Riksbank / History

The Riksbank moves to Helgeandsholmen

07/02/2018 -

The Riksbank moves from Järntorget to the new premises in what would later become the Riksdag building.

About the Riksbank / History