Öre

The Öre (Swedish pronunciation: [øːrɛ]) is the centesimal subdivision of the Swedish krona. In the Swedish language, the plural and singular of öre are the same in the indefinite forms, whereas the singular definite form is öret and the plural definite is örena. The name derives from the Latin aureus (golden), the name of a coin worth 25 denarii. The corresponding subdivisions of the Norwegian and Danish krones are called øre.

History

During the Middle Ages, the öre was a unit of Swedish currency equal to 1/8 of a mark, 3 örtugar or either 24, 36 or 48 penningar (depending on the geographical area in which it was used). It was already a unit of account in the 11th century, but was not minted as a coin until 1522. This öre was withdrawn in 1776, but returned in 1855 as 1/100 of the riksdaler. The riksdaler was replaced by the krona in 1873 (one riksdaler equalling one krona), but öre remained the name of the minor unit. The last coin featuring öre was decommissioned in 2008 and there are no longer any öre coins in use, but the öre is still used in bank accounts and in cashless transactions.

Coins

1 öre

1 öre coins, by king 1844-1973

Oscar I of Sweden	1844-1859			2.80 g, bronze Obv: Head left Obv. Legend: OSCAR SVERIGES... Rev: Value, date within wreath
Charles XV of Sweden	1859-1872	..............................	............................	2.70 g, bronze Obv: Head left Obv. Legend: CARL XV SVERIGES... Rev: Value, date within wreath
Oscar II of Sweden	1872-1907			2.00 g, bronze Obv: Crowned shield Rev: Value and date flanked by crowns
Gustaf V of Sweden	1907-1950			2.00 g, bronze Obv: Large cross Rev: Value and crowns Edge: Plain
				1.75 g, iron Obv: Crowned monogram divides date Rev: Value and crowns Note: World War I issues
Gustaf VI Adolf of Sweden	1950-1973			2.00 g, bronze Obv: Crown above inscription Rev: Value within circle divides date below crown Edge: Plain

5 öre

• 

  5 öre 1879

• 

  5 öre 1882

• 

  5 öre 1964

10 öre

• 

  10 öre 1894

25 öre

• 

  25 öre 1930

50 öre

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
Obverse
Reverse

From 1991, the only coin in use in Sweden with a value below 1 kr was the 50 öre coin. On 18 December 2008, the Swedish Riksbank announced a recommendation to the Swedish government to phase out the final öre coin by 2010.^[1] The coin ceased to be minted on 25 March 2009^[2] and ceased to be legal tender after 30 September 2010.

The Öre is still used as a unit of account for all transactions not featuring cash.

• 

  50 öre 1898

See also

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

• Øre
• Guilder
• Złoty

References

sv:Öre