Photo: Micke Larsson/TTThe Local · 31 Aug 2016, 07:11Published: 31 Aug 2016 07:11 GMT+02:00Sweden’s old 20, 50 and 1,000-kronor banknotes can no longer be spent in shops, but all is not yet lost. Anyone who misses the deadline will still be able to exchange the old notes for a 100-kronor fee by sending the notes to the central bank. Some 82 percent of the old notes have made their way to the Riksbank, but tender to the tune of 1.3 billion kronor ($152 million) is fast expiring in pockets, piggy banks and drawers nationwide. Sweden’s central bank hopes to emulate Finland, which hauled in 85-90 percent of the old markka notes during the country’s transition to the euro. “But there’s a big difference between the values of course,” said central bank divisional manager Christina Wejshammar.

Source: The Local August 31, 2016 05:48 UTC