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2016-10-03

Sveriges Riksbank: Today sees the introduction of the 100 and 500-kronor banknotes and the new coins

Today, 3 October 2016, the new 100 and 500 krona banknotes, together
with new 1, 2 and 5 krona coins will be introduced. This means that
it is now possible to make payments using all of the new banknotes
and coins, and that the work of collecting all the older banknotes
and coins is continuing.

"It's very exciting that all of banknotes and coins from the new
banknote and coin series can now be used to make payments. By this
point, I hope that everyone has learned to tilt the banknotes to
check that they are genuine. It will be a huge challenge to collect
all of the 2.5 billion kronor in coins that will become invalid next
summer. In this regard, I expect that myntkartan.se will be useful
for everybody who has a lot of coins," says Governor of the Riksbank
Stefan Ingves.

The current 100-krona and 500-krona banknotes as well as all the older
coins, apart from the 10-krona coin, will become invalid after 30
June 2017. Old and new banknotes and coins will therefore both be
valid for a further nine months before being successively phased out.
This means that it may take a while before you have the new banknotes
and coins in your hand. A large part of the banknote and coin
changeover will take place via the retail trade, but to make
returning coins easier for people who have a lot of coins, the
Riksbank has set up the website myntkartan.se
(https://www.myntkartan.se/), which shows the closest location where
coins can be deposited.

A press conference with Governor Ingves and Mårten Gomer, Technical
Expert, will be held today at 9.30 at the Riksbank. Press cards must
be shown. The press conference will be broadcast live on the
Riksbank's website, www.riksbank.se, where it will also be available
to view afterwards.

Today, between 14.00 and 19.00, the general public will have the
opportunity to come to the Riksbank, Brunkebergstorg 11, to exchange
money for a new 100-krona banknote and a selection of coins worth 20
kronor. It will also be possible to visit an exhibition on the new
banknotes and coins. The exhibition is only open on 3 October,
14.00-19.00.

Further information on the banknote and coin changeover can be found
on the Riksbank's website, www.riksbank.se, under the heading Notes &
coins.

Press office tel. 46 8 787 0200

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http://news.cision.com/sveriges-riksbank/r/today-sees-the-introduction-o...
http://mb.cision.com/Public/1460/2091580/afdec6716261747c.pdf

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