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Why has the Riksbank replaced its coins?

Why has the Riksbank replaced its coins?
Riksbanken

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  • Firstly, the new coins are much smaller and lighter, which means that the handling costs for coins will be lower. Secondly, the new coins are completely nickel-free. This eliminates the risk of nickel allergy, which is a problem for many people. Thirdly, there is less environmental impact as fewer transports are needed for the same value of coins.

    The new coins are also much cheaper to produce, which means that the Riksbank, and thus the state, has lower costs.

    By introducing a 2-krona coin, fewer coins will be needed as the 2-krona coin will replace two 1-krona coins in many payments.
    Riksbanken
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