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Öre

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Fifty Öre
Sweden
Value 0.5 SEK
Mass 3.7 g
Diameter 18.75 mm
Thickness 1.80 mm
Edge Plain
Composition 97 % copper, 2,5 % zinc and 0,5 % tin
Years of minting 1992-2009
Catalog number -
Obverse
Obverse
Reverse
Reverse

Öre is the one-hundredth subdivision of the Swedish krona currency unit. The plural and singular are the same in the indefinite forms, whereas the singular definite form is öret and the plural form is ören. Since 1991, the only coin in use with a value below 1 SEK is the 50 öre coin. See the article about the krona for more information. On December 18, 2008, the Swedish Riksbank announced a recommendation to the Swedish government to phase out the final öre coin by 2010[1]. As of March 25, 2009, the coin is no longer minted.[2]

The corresponding subdivisions of the Norwegian krone and the Danish krone are called øre.

Historically, the öre was a unit of Swedish currency equal to 24 penningar. This öre was withdrawn in 1776. It returned in 1855 as 1/100 of the riksdaler.

The name derives from the Latin aureus (gold), the name of a coin worth 25 denarii.

[edit] See also

Other coin names that are derived from the gold of which they were once made:

[edit] References

  1. ^ Riksbank urges Sweden to ditch 50 öre coin, The Local, December 18, 2008
  2. ^ 50-öringens öde avgörs i dag, DN.se, March 25, 2009


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