Investor Glossary-swedish kronaInvestor Glossary-swedish kronaInvestor Glossary-swedish kronaInvestor Glossary-swedish kronaInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Swedish Krona

The HTML to link to this page
 

The Swedish krona is the currency of Sweden. As part of Scandinavian Monetary Union, Sweden introduced the Swedish krona as Sweden's official currency in 1873. Although the Scandinavian Monetary Union ended with World War I, the Swedish krona remained Sweden's official currency. SEK is the currency code for the Swedish krona. Sr is the symbol for the Swedish krona. The Sveriges Riksbank, the central bank of Sweden, is responsible for Sweden's monetary policy and distributes the Swedish krona. Although Sweeden has been a member of the European community since 1995, it has decided not to become member of the European Exchange Rate Mechanism II (ERM II). As a result, Sweden has been able to keep using the Swedish krona as its official currency.



Rate this Swedish krona definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: irrevocable trust, minority interest, Zero Cost Collar, 144a, open position, EBITDA, 1035 exchange, annual return, FICO score, phantom income, in escrow, diluted share, deferred revenue, real GDP, deferred tax, current ratio, FTSE, 1031 exchange, dividends payable, margin rate, stock market close, limit order, VIX, retained earnings, per diem, debt service coverage, class C shares, stock split, average price per share, ex-dividend, command economy, ex-dividend date, reverse mortgage, liquidity ratio, option premium, risk management, quality assurance, 401a, required rate of return, cancelled check, implied volatility, covered put, LIBOR, Key Rate Duration, labor relations, wholly-owned subsidiary, APR, balance sheet, inflation


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use