The LIBOR interest rates are used by banks as the base rate in setting the level of their savings, mortgage and loan interest rates.
Swedish Krona's buying power has decreased 0.
In 1625, however, copper coins were introduced and the currency system was switched to a bimetallic standard.
From the Swedish Riksdaler to the Swedish Krona The currency used from the 17th Century to 1873 was the Riksdaler.
Sweden kept the Krona currency after the monetary union was disbanded.
The currency code for Kronor is SEK, and the currency symbol is kr.