• Sweden's news in English

Sweden pays its last respects to the öre

Peter Vinthagen Simpson · 30 Sep 2010, 08:50

Published: 30 Sep 2010 08:50 GMT+02:00

Facebook Twitter Google+ reddit

The 50 öre, a little 3.7 gramme copper coin which since 1991 has served as the lowest denomination of the Swedish currency, the krona, was rendered expendable by Sweden's Riksbank in December 2008. On Thursday, September 30th this decision came into effect.

The name öre was derived from the Latin aureus meaning gold but in its dotage the coin was made up of 97 percent copper, 2.5 percent zinc and 0.5 percent tin. It was first introduced as a coin back in 1522 by King Gustav Vasa, then in a silver version, which remained in circulation in various forms until its early demise in 2006.

The decimal system's introduction in Sweden in 1855 gave the öre a renewed vigour, fixing its value as one hundredth of a krona, where it was to remain until its death.

The 50 öre outlived its siblings – the silver 25 öre and 10 öre, and the copper 5 öre, 2 öre, 1 öre and 1/2 öre – who were laid to rest variously in 1873, 1971, 1984 and 1991. It is survived by the one, five and ten krona (silver) coins.

The removal of the öre's silver sibling in 2006 resulted in the disappearance of a total of 125 million kronor ($18.5 million) from the monetary system, and as the death knell sounds for the copper 50-öre coin there is reported to be some 394 million krona remaining in circulation.

Mourners seeking to pay with their last öre at funeral services across the country are encouraged to contact their local store for details.

Furthermore many supermarket chains are cooperating with charities to encourage people to bury their final coins in a coffin of goodwill. The Swedish Red Cross is among those looking at the end of the öre era with optimism, having managed to collect some 344,435 coins to date.

While the öre is no longer with us in person it will live on in print, on the receipts of those making purchases in the post-öre era. Items will still be priced, for example, at 5.50 kronor, and those using charge cards will thus hardly register the loss. With cash purchases the price will be rounded up to a whole krona.

Those eking out the household budget by collecting bottles to return for deposit will no doubt gain some solace from the fact that the alluminium cans will now be worth a krona, double their previous sum. Plastic bags, which typically retail for 1.50 kronor, will now be worked into the total grocery bill.

Those unable to attend in-store funeral services before September 30th are encouraged to contact their bank directly before March 31st 2011, after which time the options are to place the copper coin under a pot on the kitchen stove (to promote heat distribution), or to cast them onto the heap as just another item of metal scrap.

The öre's demise, it seems, will not remain an isolated passing in Scandinavian currency circles, with Norway currently reviewing the existence of its own 50 øre. The öre's Danish cousin, the øre, is thus set to bear the lone responsibility in carrying on the family dynasty for the time being.

Story continues below…

Two public service commercials from the Riksbank (in Swedish)

Related links:

Peter Vinthagen Simpson (news@thelocal.se)

Facebook Twitter Google+ reddit

Your comments about this article

06:43 October 1, 2010 by Tdye
yall should move away from the euro nothing good can come out of universal currancy
16:28 October 1, 2010 by solveig13
Sweden doesn't use the euro...
00:27 October 3, 2010 by ooh456
I agree with Tdye..,. Sweden should move away from the euro and get their own currency. The euro is just a plot by Germany to get access to France's cheese reserves.
06:50 October 4, 2010 by cattie

The opininated idiots who clearly no nothing about Swedish currency posting here to give the "Swedes" advice.
00:12 October 5, 2010 by Danne8
hahaha Well said cattie!
15:08 October 6, 2010 by J Jack
Sweden? Euro? hahaha .. Tyde can't spell & ooh456 really should get out more often.
14:21 October 23, 2010 by roaringchicken92
Thought I'd put my two cents in here.......while I still can
01:42 October 24, 2010 by Tdye
well seeing how this is a SWEDISH website easily identified by the .se at the end.. not to mention it says Sweden news in English and the only word i misspelled was currency so i hit one wrong button and now i cant spell?

and I am from Georgia in American "Y'all" is a word as a matter of fact open a dictionary just once in a while and you will also see Y'all in there euro is a word what you meant to say is "haha..Tdye doesnt use exceptional grammar"

and maybe you need to put down the fermented herring and get out more..hell just learn how to read and look at any financial website.. the euro is a bad mistake Y'all ( that would be the Swedish people) needs to keep their own money
01:48 October 24, 2010 by Tdye
lol funny you say that..i know way more that you think i know.
23:48 October 24, 2010 by SilverBattleAxe
One more step towards a cashless society. Also, the Riksbank wants to remove the copper from circulation since they can sell the copper to the copper refiners and just issue worthless paper reciepts in place of the copper coins that have been removed from the money supply.
Today's headlines
Gothenburg 'one of Europe's most segregated cities'
An Isis flag in Kirkuk, Iraq. Photo: Uncredited/AP

One in ten school students in Gothenburg's north-eastern suburbs sympathize with religious extremist organizations, according to a survey.

Julian Assange
Sweden won't suspend Assange warrant for funeral
Assange has been in the Ecuadorian embassy in London since 2012. Photo: Alastair Grant/AP

The WikiLeaks founder has requested a temporary suspension of an arrest warrant so he could leave the Ecuadorian embassy in London for the funeral of his mentor.

Swedish football diehard who went viral doesn't get the fuss
Possibly the most dedicated fan in the world. Photo: Patric Söderström/TT

A picture of Gefle IF celebrating with the only fan to make a 1164km round trip to see them has gone viral. The Local spoke to the diehard in question.

'I want to see women priests in the Catholic Church'
Archbishop Antje Jackelén meeting Pope Francis earlier in 2016. Photo: L'Osservatore Romano/AP

'I told the pope last year during a speech it is time to no longer speak for women about women, but to speak with women,' Sweden's Archbishop says.

Sweden one of world's easiest places to do business: report
A meeting at a Stockholm office. Photo: Simon Paulin/imagebank.sweden.se

It is easier to do business in Sweden now than it was last year, according to a World Bank report.

This Swede has built a procrastinator's dream
Anders Åberg has built a website that allows you to hear what’s going on above the Earth. Photo: Personal & NASA

Ever wondered what's going on in the sky above the earth and in space? Now you can hear for yourself.

Presented by Malmö Tourism
Seven reasons why Malmö is the football capital of Sweden
Players from FC Rosengård, Sweden's most successful women's football team. Photo: Hangsna

It’s official, and anyone who tells you otherwise is wrong.

Fake police car driver seized after confronting real police
File photo of a police car. Photo: Johan Nilsson/TT

Three men in a fake police car were left red-faced after they tried to stop a man in southern Sweden who turned out to be an off-duty officer.

This tiny bird can fly for ten months straight: scientists
The common swift while not in flight. Photo: Madis Veskimeister/Wikimedia

Swedish scientists have found that this bird stays in the air for almost a year without landing.

Why the Pope is visiting Sweden next week
Pope Francis in the Vatican. Photo: AP Photo/Alessandra Tarantino

Pope to nail reconciliation agenda to Lutherans' door in southern Sweden.

Sponsored Article
Top 7 tips to help you learn Swedish
The Local Voices
Antonio, 19, is a Syrian refugee and porn actor hoping to change perceptions of refugees
Sponsored Article
‘Extremism can't be defeated on the battlefield alone’
People-watching: October 26th
Sweden cuts 2016 refugee forecast
Blog updates

6 October

10 useful hjälpverb (The Swedish Teacher) »

"Hej! I think the so-called “hjalpverb” (auxiliary verbs in English) are a good way to get…" READ »


8 July

Editor’s blog, July 8th (The Local Sweden) »

"Hej readers, It has, as always, been a bizarre, serious and hilarious week in Sweden. You…" READ »

Sponsored Article
One expat's strategy for making friends in Stockholm
Is Game of Thrones coming to Sweden?
Sponsored Article
Nordic fashion in focus at Stockholm University
Property of the week: Kungsholmen, Stockholm
Will Swedes soon be looking for fairtrade porn?
The Local Voices
'I simply don’t believe in nationality'
Sponsored Article
Stockholm: creating solutions to global challenges
Why we're convinced Game of Thrones is based on Sweden
Sponsored Article
Last chance to vote absentee in the US elections
People-watching: October 21st-23rd
Fury at plans that 'threaten the IB's survival' in Sweden
Sponsored Article
This is Malmö: Football capital of Sweden
Analysis & Opinion
Are we just going to let half the country die?
Sponsored Article
Where is the Swedish music industry heading?
Angry elk chases Swede up a lamp post
The Local Voices
'Alienation in Sweden feels better: I find myself a stranger among scores of aliens'
Sponsored Article
Why you should 'grab a chair' on Stockholm's tech scene
People-watching: October 20th
Sponsored Article
Swedish for programmers: 'It changed my life'
The Local Voices
A layover at Qatar airport brought this Swedish-Kenyan couple together - now they're heading for marriage
Sponsored Article
Stockholm: creating solutions to global challenges
Swede punches clown that scared his grandmother
Sponsored Article
Why you should 'grab a chair' on Stockholm's tech scene
Fans throw flares and enter pitch in Swedish football riot
Sponsored Article
Where is the Swedish music industry heading?
Could Swedish blood test solve 'Making a Murderer'?
Sponsored Article
One expat's strategy for making friends in Stockholm
Swedish school to build gender neutral changing room
Sponsored Article
Nordic fashion in focus at Stockholm University
People-watching: October 14th-16th
Man in Sweden assaulted by clowns with broken bottle
Nobel Prize 2016: Literature
Watch the man who discovered Bob Dylan react to his Nobel Prize win
Record numbers emigrating from Sweden
People-watching: October 12th
The Local Voices
'Swedish startups should embrace newcomers' talents - there's nothing to fear'
How far right are the Sweden Democrats?
The Local Voices
Syria's White Helmets: The Nobel Peace Prize would have meant a lot, but pulling a child from rubble is the greatest reward
jobs available