Wednesday, February 18, 2015

New banknotes and coins are introduced – Swedish Radio

New banknotes and coins are introduced – Swedish Radio

You’ll soon see our money completely different. This fall, the Riksbank the great exchange of banknotes and coins in the country and 2017, the change be perfectly clear. There will also be some new denominations.

The new Swedish banknotes and coins were showcased by the National Bank on Monday morning. Mårten Gomer banknote technical expert at the Riksbank, showed off the new coins:

– The big difference is that they are much smaller and lighter. One- and tvåkronan is made of copper-plated steel, so it’s basically a steel coins that there is a thin layer of copper on.

The new coins rattling not at all like the old ones, for they weigh only half as much. Tvåkronan will as a new old rank. There will also be a tvåhundring among the banknotes decorated with Swedish cultural figures, such as Astrid Lindgren and Pippi Longstocking on tjugan.

All coins except tian replaced, and any notes. Total Riksbank expects to money exchange costs 150 million, among other things made a big information campaign.

But the actual money will not be more expensive to produce, despite new security features on the notes, details that shifts between gold and green when you tilt the note.

– We make the notes slightly less now, and that makes it actually does not become more expensive, but it gets the same price about producing these new notes as they age, even though we increase safety, says Christina Wejshammar, Head of Payments and cash.

As early as 2017, the old cash to be phased out and the Riksbank invites Swedes to begin now dig up all the coins caches and use the money. An average of 779 crowns are the most littered in every household, the Riksbank has figured out. The amount may seem large, but fits in a large glass jar, as Governor Stefan Ingves showed up.

– The coins will be the void after 2017 and therefore our call now to empty jam jar and acts for money so that the old coins come in, said Stefan Ingves.

Is it also part of the Riksbank’s willingness to bring inflation?

– Yes it is nothing wrong if you buy stuff because then also rising inflation, so in this respect, as well as the same direction as monetary policy.

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