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Due to inflation and major economic problems, the currency depreciated and Sweden returned to the silver standard system in 1776.

Email us Early Currency in Sweden During the medieval period, Sweden used silver currency.In 1625, however, copper coins were introduced and the currency system was switched to a bimetallic standard.In 1745, Sweden suspended its copper standard, issued irredeemable banknotes, and imposed an in-convertible paper standard.The system was quite complex, with subunits consisting of mark, öres, pennings, skillingars, and runstyckens.In 1855, Sweden adopted the decimal system when they introduced a new version of the Riksdaler: the Risksdaler Riksmynt.

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