Swedish monetary standards in historical perspective
This paper classifies the monetary standards in Sweden from the Middle Ages to the present, and gives an overview of the various currencies that were in use. During most of Sweden’s history, a commodity standard was in place, while the fiat standard is a rather late innovation. The classification into monetary standards is also related to the issue of debasement under the commodity standard and the mechanisms behind the rise of multiple currencies.
|Date of creation:||24 May 2009|
|Publication status:||Published in Historical Monetary and Financial Statistics for Sweden: Exchange rates, prices and wages 1277–2008, Edvinsson, Rodney, Jacobson, Tor, Waldenström, Daniel (eds.), 2010, chapter 2, pages 26-66, Sveriges Riksbank, Ekerlids förlag.|
|Contact details of provider:|| Postal: Department of Economic History, Stockholm University, SE 106 91 STOCKHOLM, Sweden|
Web page: http://www.ekohist.su.se/