By Sveriges Riksbank ….
 

There is now less than one month left until the older 20-krona, 50-krona and 1,000-krona banknotes become invalid and there are still banknotes to a value of SEK 2.6 billion in circulation. The Riksbank is therefore now putting up “wanted” posters for the missing banknotes.

wantednotes

L to R: Selma Lagerlöf (20 kronor), Jenny Lind (50 kronor), Gustav Vasa (1,000 kronor)

Since October 2015, the Riksbank has received back old Swedish banknotes totaling a value of SEK 4.9 billion. But the Swedish people are still holding on to SEK 2.6 billion, or 57 million banknotes.

The Riksbank is therefore starting a “Wanted!” campaign. Over the coming weeks the campaign will be visible on huge posters, in newspapers and in digital channels.

“We want to encourage everyone in Sweden to pay with their banknotes or to deposit them in their bank account, no later than 30 June. We hope that the “Wanted!” message will be a reminder to everyone to look in their wallets and other places where they may have put older banknotes,” says Ann-Leena Mikiver, Director of Communications at the Riksbank.

If you still have banknotes after 30 June 2016, you can deposit them into a bank account until 31 August 2016.

Sveriges Riksbank currency changeover timeline

Schedule for the Swedish banknote and coin changeover

  • Introduced October 1, 2015: 20-, 50-, 200- and 1 000-krona banknote.
  • Introduced October 3, 2016: 100- and 500-krona banknote. 1-, 2- and 5-krona coin.
  • Invalid after 30 June 2016: 20-, 50- and 1 000-krona banknote.
  • Invalid after 30 June 2017: 100- and 500-krona banknote. 1-, 2- and 5-krona coins.

At the time of publication, one Swedish krona (SEK) trades for approximately $0.12 USD.
 


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