Monetary HistorySubmitted by m72mc on Fri, 09/23/2011 - 16:05
Sweden's Monetary History
STANDARD MONEY Period Comment
Paper 1709-1719 Suspected bank panic
Paper 1745-1776 Suspected bank panic
Paper 1789-1803 IRREDEEMABLE notes issued by the Debt Office came out, pushed out Riksbank redeem notes
Paper 1809-1834 Suspected bank panic
Paper 1914-1924 Suspected bank panic
Paper 1931-1951 Bank panic
Paper 1971- Suspected bank panic at the US Federal reserve
Over a period of 343 years, Sweden's currency has switched between paper and metal 13 times.
On average, we have changed currency every 26 years.
The longest period with the metal was 80 years.
The longest period with the paper 1971 - to now, is about 40 years.