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Military defeat leads to banking crisis
07/02/2018 -While the war is going well, many people deposit money in the Bank of the Estates of the Realm (Sveriges Riksbank). But when they attempt to withdraw it, following the defeat at Poltava, there is no money to be had. The Bank simply freezes its...
The silver standard is reintroduced
07/02/2018 -Many previous attempts had been made to stabilise the value of money by making it possible to redeem banknotes for silver. This does not succeed until the reign of Charles XIV Johan. ...
New policy creates inflation
07/02/2018 -When the Hats took power, it was the end for the cautious economic policy that had long been pursued. The new policy caused inflation to soar.
Emergency coins fund the war
07/02/2018 -During the reign of Charles XII, wars cost a lot of money. To fund them, more than 40 million emergency coins are issued. The round copper coins have different inscriptions such as “Jupiter”, “Mars” and “Flink och färdig” (quick and ready).
The Riksbank is renamed
07/02/2018 -When the Riksdag of the Estates is abolished in 1866, the Riksbank can no longer be called the Bank of the Estates of the Realm. Its new name is Sveriges Riksbank.
The first modern banknotes
07/02/2018 -Sweden gets its first banknotes with a modern appearance. They have a horizontal format, are printed on coloured paper and are adorned with figures and other embellishments. ...
The Riksbank’s 350th anniversary
26/01/2019 -In 1668, the Riksdag, Sweden's parliament, decided to found Riksens Ständers Bank (the Estates of the Realm Bank), which in 1867 received the name Sveriges Riksbank. The Riksbank is thus the world’s oldest central bank. In 2018, the Riksbank...
Anniversary conference
12/07/2018 -The anniversary conference, that took place on 25 May 2018, marks the official celebration by the Riksbank and the Riksdag of the 350th anniversary of the Riksbank. A special anniversary conference where held on the theme “The role of central...
The Riksbank’s archives
30/04/2026 -The Riksbank is the world’s oldest central bank and has a long history of operations that is documented in an extensive archive.