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Swedish crowns on your journey?


Another good rule of thumb is not to exchange Swedish money abroad. There’s the risk you’ll have to pay hefty exchange fees and also SEK is seen as a risky currency; after many devaluations and the Crown’s fall during times of crisis, when investors move to hard currencies like the Dollar, Euro, Swiss Franc or Yen.

But there are still some countries that confirm the exceptions to the rule about not exchanging SEK abroad. For example “Swedish resorts” in Turkey, and Tunisia, where the currency isn’t convertible and the country’s central bank decides the rates. Tunisia is one of the few countries where it’s okay to exchange at your hotel. But even in these two cases, it may still be better to go via the Euro. Check with FOREX Bank’s staff for up to date information.  

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