The Swedish Krona is the official currency of Sweden. It trades with the currency code SEK and is represented by the currency symbol of kr. The Swedish Krona was adopted as the county's official currency in 1873 when the country joined the Scandinavian Monetary Union with Norway and Denmark. Following the dissolution of the Union in 1914, at the start of World War I the currencies were separated, and Sweden kept its own respective krona. The exchange rate of the Swedish Krona against other currencies is largely dependent on the monetary policy of the country. Since 1992, a floating system of currency has been maintained, with the central bank (Riksbank) intervening when necessary to stabilize the krona's value.
The Swedish Krona is ranked as the eleventh most traded currency in the world. The most popular Swedish Krona exchange rate is Swedish Krona to Euro. Other currency pairs involving the currency include USDSEK, SEK/AUD, EURSEK, SEK/GBP, SEK/CAD, SEK/DKK, SEK/NOK and SEK/INR. The currency is issued in both coins and banknotes with banknotes denominations ranging between 20 and 1,000 krona, while the coins values lie between 1 and 10 krona. Though Sweden is a member of the European Union, it is opposed to adopting the Euro and opted to join ERM II, a precondition to adopting the Euro.
RISK WARNING: Our products are traded on margin and carry a high level of risk, thus it is highly possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Please review our Risk Warning ‘Risk Disclosures for Financial Instruments & Investment Services’.
LICENCES AND AUTHORISATIONS
TTCM Traders Capital Limited (herein "TTCM BM")is a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of the Companies Act 1981 and registered with the Registrar of Companies under Company number 54135, with registered address 5th Floor, Andrew’s Place, 51 Church Street, Hamilton HM 12, Bermuda
The websites www.traders-trust.com are operated by TTCM BM
RESTRICTED REGIONS:The information on this website is not directed on residents of certain jurisdictions/countries including but not limited to Australia, New Zealand, Canada, Iran, Iraq, North Korea, USA, Cuba, Syria, Sudan, Afghanistan, Guyana, Lao People’s Democratic Republic, Uganda and Yemen or to any jurisdiction where such distribution would be contrary to local laws and regulations.