3 ms·
All electronic transactions handle the SEK cent (1/100 SEK aka öre) though there are no longer any valid SEK cent coins. The 50 cent coin was taken out of circu
by daxterspeed 7y ago
All electronic transactions handle the SEK cent (1/100 SEK aka öre) though there are no longer any valid SEK cent coins. The 50 cent coin was taken out of circulation September 30th 2010 and nowadays all remaining cent coins are considered scrap metal.
There's (sadly) no rule that everything must be a denomination of 0.05 SEK or even 1 SEK. Pretty much every shop continues to use cents in their pricing (like .50, .95, and .99). If you pay in cash you'll end up rounding to nearest SEK (rounding up if it's below 1 SEK). You could potentially save money by paying with cash if your transaction would be rounded down... but at a maximum of 0.49 SEK (~0.05 USD) saved per transaction you'd need some unique spending habits to actually utilize this "trick" efficiently.
Source: https://www.riksbank.se/en-gb/payments--cash/notes--coins/coins/invalid-coins/ https://www.riksbank.se/en-gb/payments--cash/notes--coins/co... and I happen to be Swedish.