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Copper standard is introduced
30/04/2018 -The first copper coins are minted when Sweden introduces the copper standard in 1624. The reasons for this are the shortage of silver and gold due to the prolonged wars, and a desire to maintain the price of copper, which was Sweden's most...
Information for those who have been offered a position with us
03/07/2023 -According to Article 24 of the Instructions for the Riksbank, every employee of the Riksbank shall be familiar with and comply with a number of rules that apply at the Riksbank. Before you sign your employment contract, it is therefore necessary...
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. ...
Counterfeiters sentenced to death
07/02/2018 -Susanna Ekström and Ingeborg Jönsdotter, two female banknote counterfeiters, are sentenced to death for counterfeiting and passing banknotes.
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,...
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. ...
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. ...
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.
Sweden gets the krona
07/02/2018 -When the gold standard is introduced, the new unit of coinage is named the krona. ...