The Swedish crown is the official currency of Sweden, known as the krona (plural: kronor). It is abbreviated as SEK and is subdivided into 100 öre. The currency is issued by the Sveriges Riksbank, which is Sweden's central bank, and has been in use since 1873. The krona is recognized for its stability and is often used as a benchmark in the Nordic region. The design of the banknotes and coins features notable Swedish figures and landmarks, reflecting the country's rich history and culture. The Swedish crown is widely accepted for transactions within Sweden and can be exchanged internationally.