The Swedish Krona (SEK) is the official currency of Sweden. It is subdivided into 100 öre, although öre coins are no longer in circulation. The symbol for the krona is "kr," and it is used in various financial transactions within the country. The currency is managed by the Sveriges Riksbank, which is Sweden's central bank. The Swedish Krona is known for its stability and is often used as a benchmark for other currencies in the Nordic region. It is traded on international markets and can be exchanged for other currencies, making it an important part of Sweden's economy and trade relations.