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 Replies: 186 / Views: 36,438 |
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Pillar of the Community
Sweden
1078 Posts |
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Pillar of the Community
Germany
992 Posts |
No new 20 or 50 SEK notes available for exchanging?
I guess, the 1000 SEK note will rarely be seen in circulation.
Anyways, the new notes look pretty nice.
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Pillar of the Community
 Sweden
1078 Posts |
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No new 20 or 50 SEK notes available for exchanging? Not there officially, but I expect to see them pretty soon (common in November?) Quote:
I guess, the 1000 SEK note will rarely be seen in circulation. That has been the reality the last ten years or so, but I hope things will change with the changeover and all. In my opinion, Swedish cash has previously just been a mess. The note sizes were just not logical and the designs weren't really that fresh and modern. These new notes have a matching design for all denominations and same height, unlike previous series. Edited by X2an
10/02/2015 03:57 am
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Pillar of the Community
Germany
992 Posts |
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In my opinion, Swedish cash has previously just been a mess. The note sizes were just not logical and the designs weren't really that fresh and modern. These new notes have a matching design for all denominations and same height, unlike previous series. I have to agree. This is a series of (swedish) banknotes that ''makes sense'' in design and dimensions. Do you have any idea why there continues to be a 20 SEK banknote? Your ''kronor neighbours'' - Norway & Denmark - have switched from 20kr banknotes to 20kr coins some time ago. Yet Sweden decided to stick with the 20 SEK note. |
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Pillar of the Community
Sweden
1078 Posts |
There was a vote in the Riksdag (Swedish parliament) and it ended in favour of keeping the note (about 51% voted in favour). This was 2008 I think. I don't recall any mentions of this earlier.
I personally dislike having a 20 kr note. Sure, it's widely used but very often worn down, dirty, torn and damaged. It's also not worth much, especially in Sweden. I really feel for US people who have to deal with $1:s, but let's keep that out of here for now.
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Pillar of the Community
Germany
992 Posts |
Ah...So it was a decision by politicians to keep the 20kr note. The Crane company probably did their ''lobby magic'' again.
If you have new 20 and 50 notes (and perhaps 1000), please, post picture here.
And let us now how fast the new notes replace the old ones in circulation in your area.
Where I'm living, it took 4-6 weeks after initial release before the 5€ and 10€ of the Europe Series showed up in significant numbers in circulation. But then, they replaced the Series 1 notes very, very quickly.
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Pillar of the Community
Sweden
1078 Posts |
From a quick search the only given reason I could find why it was turned down was "because of a dispute between authorities", of which the voting ended in favour of keeping the note. No lobbyism here from what I could find. Information was pretty scarce though. I'll keep posting any new note finds and keep reporting!  |
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Pillar of the Community
Sweden
1078 Posts |
Today I got my first 200 SEK from an ATM, one of the "selected" ones of 80 (throughout the whole country). I won't be pisting a picture since it's the same as first one here.
Interestingly, the serial number is quie systematic. The letter prefix specifies what year it was prined (A=2013, B=2014, C=2015 and so forth), these two both have B's. The first two numbers specify their position on the paper sheet (1-50), and the remaining 7 digits specify what sheet number they are from. Pretty interesting to know.
Still haven't found or seen any other new banknotes. On the other side, I haven't been making many purchases recently.
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Pillar of the Community
Sweden
1078 Posts |
Got my first new 20 today while doing some banking at my local supermarket. Seems to have some sort of center fold, don't know if it's entirely uncirculated. It's crisp anyway.   |
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Pillar of the Community
Germany
992 Posts |
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Got my first new 20 today That was quick! Especially considering that Sweden is supposedly one of the first contries in the world where cash is not used anymore (That's the rumor going around anyway). Interesting information on the serial numbers. Wondering if you'll find a new note beginning with ''A'' What do you mean by ''selected'' ATMs? |
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Pillar of the Community
Sweden
1078 Posts |
I think there was some issue distributing the new 200 to all ATM, so the company operating most ATMs in Sweden desided that a handfull ATM would start distributing them. In spring next year most ATMs would give out 200's. Although it's true most Swedes don't use cash for most of their purchases, cash usage is still <pretty> high. I read on the Riksbank's webpage that just under 50% of all purchases are still done with cash in Sweden. I think Denmark's leading the trend of "Cashlessness", but I haven't got any data to prove that. Myself, I use cash for 95% of my purchases. I don't find cash to be a large nuisance, especially now when exciting things are happening to it. I think my local supermarket gives out 50's aswell, and there might be a slight chance they've got the new 1000's aswell. Still have to ask, nothing's certain. Otherwise, I spent my first new note yesterday. Got another 20 from my local supermarket and saw other people getting them, so I figured I'd get another one soon. |
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Pillar of the Community
Germany
992 Posts |
@X2an:
Thanks for the explanations.
The new dimensions could indeed be a problem for some ATM's. That would explain the ''selected'' ATMs.
I am looking forward to find data at Riksbank's website about how many new banknotes have been printed.
Here in Germany, a bit over 50% of all purchases are (still) being made in cash. I probably make 90% in cash.
''Backbone'' of the banknotes in circulation is the 50 Euro note (that would be close to the 500 SEK), followed with some distance by the 20 Euro note (that would be close to the 200 SEK).
I mostly use the 5, 10 & 20 Euro notes.
Edited by redlock
10/12/2015 03:08 am
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Pillar of the Community
Sweden
1078 Posts |
In Sweden 1992 until now, the backbone of circulation has always been the 100 kr note, followed by the 20 as "changemaker". It's not been unusual to get 4 20:s as change for a 100. Because of the old 50:s' odd size, it's never been too popular and thus hasn't been used as much.
Problems usually arise when people pay with 500:s as shops have to gather up 4 100:s to make change. I think this cash-chaos has sped up the cashless trend in Sweden, in addition to bulky and heavy coins.
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Pillar of the Community
Germany
992 Posts |
Oh boy. I have been pretty slow lately. How embarrassing.  Only after reading the comment about the 100 SEK note being the ''backbone'' of swedish banknote circulation I realized the importance of the just recently issued 200 SEK note. Not only is it a new note, but it's also a brand new denomination in the swedish banknote series. No wonder, that it got a special introduction at the Riksbank. I must say, it's a bit strange that the old series had no 200 SEK note. The ''gap'' from 100 SEK to 500 SEK is a rather large one. Anyway, that's history now.  |
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Pillar of the Community
Sweden
1078 Posts |
  Finally got the new 50 today. I had my suspicion a large supermarket had these new notes in their system, so I tried to get one and it paid off! Now it's just the new 1000 left, I know they can be found at exchange offices, but that's it. They are really hard to find. |
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Pillar of the Community
Germany
992 Posts |
Thx for the picture
By the way, any new notes found whose letter prefix is an ''A''?
Edited by redlock
11/20/2015 04:15 am
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Replies: 186 / Views: 36,438 |
Posted 10/02/2015 03:55 am
