Swedish krona


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Noun1.Swedish krona - the basic unit of money in Sweden
Swedish monetary unit - monetary unit in Sweden
ore - a monetary subunit in Denmark and Norway and Sweden; 100 ore equal 1 krona
References in periodicals archive ?
British skiers dealing in Swiss francs have seen a big drop in the amount they are getting, while the pound has fallen particularly heavily against the Bulgarian lev and the Swedish krona.
Notter said Ericsson's sales totaled 53 billion Swedish krona (up 17 percent year-over-year, but down 16 percent sequential), way above consensus of 46.
Continued price pressure and aggressive competition in the market, combined with factors like rising raw material prices and a weakened Swedish krona, have impaired the company's profitability in the past year," Cloetta managing director Curt Petri said.
However, this increase has not been sustained since Sterling and the Swedish Krona have appreciated in relation to the Euro by around 10% since the beginning of 1999.
This unrest led to heavy downward pressure on the Swedish krona and a substantial currency outflow that reached 59bn kronor in the week ending on 23 September.
A strengthening of the US Dollar in relation to the Swedish Krona increases the equity, whilst a weaker US Dollar means a decrease in the equity.

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