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Money & currency

Money in Sweden

Updated 2026-08-15

Money & Currency
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Swedish Krona (SEK)

Currency code: SEK

Practical Money Tips

Swedish Krona — Sweden Is Nearly Cashless

The Swedish krona (SEK) is the official currency. Sweden is one of the most cashless societies in the world — many businesses, public transport, and even some museums no longer accept cash at all. Cards, contactless, and Swish (mobile payment) are the dominant payment methods.

ATMs Exist But Are Declining in Number

Bankomat ATMs (Sweden's main ATM network) exist in cities and larger towns, but the network has been shrinking as cash use declines. In Stockholm, Gothenburg, and Malmö, finding an ATM is straightforward. In rural areas, plan ahead — some areas have no ATMs within reasonable distance.

Cards and Contactless Are the Standard

Visa and Mastercard are accepted virtually everywhere. Apple Pay and Google Pay work seamlessly across Sweden — at transport terminals, cafes, shops, and restaurants. Even street markets typically accept card payments.

Cash May Be Refused — Check Before Expecting It Works

Unlike most countries, Sweden has businesses that legally refuse cash. Do not assume cash will be accepted. Always carry a card. If visiting rural areas, a small amount of SEK is useful as a backup.

Note: Always check current exchange rates before traveling. Currency exchange is available at airports, banks, and authorized money changers.

Common Money Questions

What currency is used in Sweden?

The Swedish krona (SEK), subdivided into 100 öre. Sweden is an EU member but has not adopted the euro — the SEK is the only legal tender.

Can I use euros in Sweden?

Occasionally at major tourist retailers, airports, and some hotels, but not routinely. Exchange to SEK or use cards. Most Swedish businesses only accept SEK.

Is Sweden expensive?

Sweden is one of the more expensive European destinations, with restaurant meals and city accommodation both sitting well above the European average — check current price ranges before budgeting, since the krona's floating exchange rate makes any fixed figure quickly outdated. Stockholm is notably pricier than the rest of the country; smaller towns and rural areas run meaningfully more affordable.

Do Apple Pay and Google Pay work in Sweden?

Excellently — Sweden has near-universal NFC terminal coverage. Apple Pay and Google Pay work everywhere from subway ticket machines to farmers' markets. Sweden is one of the best countries in the world for contactless payments.

What is Swish and do I need it?

Swish is Sweden's dominant mobile payment system, linked to Swedish bank accounts and personal identity numbers. Foreign visitors without a Swedish bank account cannot use Swish. Cards and Apple Pay/Google Pay are sufficient alternatives.

Can businesses refuse cash in Sweden?

Yes — Sweden has no legal obligation for businesses to accept cash. Many smaller cafes, market stalls, museums, and transport services are card-only. Always carry a bank card.

Is tipping expected in Sweden?

Tipping is not expected in Sweden but is appreciated for excellent restaurant service. 10% is a generous tip. For other services (taxis, hairdressers), rounding up is courteous but not mandatory.

Are there currency exchange facilities at Swedish airports?

Yes — major airports (Arlanda, Landvetter, Malmö) have currency exchange facilities. Rates are generally unfavourable compared to mid-market rates. Using a fee-free international card or ATM is usually better value.

Entry rules, visa types and practical notes live on the Sweden overview.

Visaja keeps this page's contact details and visa guidance under continuous review — still, requirements can change at short notice, so confirm the essentials with the mission or the official government portal before you travel.