The krona saw somewhat of a renaissance last year and was the best performing currency among the G10 countries. (G10 stands for Group of Ten, even though it actually consists of eleven countries – Sweden, Belgium, Canada, France, Germany, Italy, Japan, Netherlands, Switzerland, the United Kingdom, and the United States.)
A stronger krona is good news for people paid in kronor who have expenses abroad, whether that's temporary expenses like holidays or overseas travel, or more permanent expenses like property or loans back home. Conversely, it's bad news if you're paid in another currency, like euros or dollars, but have most of your expenses in Sweden.
In terms of the Swedish economy, a stronger krona lowers the risk that foreign imports could fire up Swedish inflation, while also making Swedish exporters less competitive abroad.
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