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500 Kronor
| Issuer | Sveriges Riksbank |
|---|---|
| Year | 1989-2000 |
| Type | Standard circulation banknote |
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| Obverse description | At left center, an intaglio portrait of King Karl XI (1655–1697) after David Klöcker Ehrenstrahl's 1682 painting commemorating the Battle of Lund (1676); at right, a vignette of the Riksbank's original building on Järntorget in Stockholm, rendered in fine engraved linework. The face bears guilloche underprint patterning with the denomination numeral '500' integrated into the design. |
|---|---|
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| Protection description | King Karl XI portrait matching the obverse vignette; embedded security thread running vertically through the note. |
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| Comments |
The long signature run on this series reflects real institutional turbulence. Sweden's early 1990s banking crisis — triggered by a credit bubble and the 1992 collapse of the fixed exchange rate after Riksbanken spent roughly 160 billion kronor defending the peg — meant the Riksbank went through significant leadership changes mid-series. Bengt Dennis was the governor who ultimately let the krona float on 19 November 1992, effectively ending the fixed-rate regime the bank had bled reserves to protect.
Staffan Burenstam Linder's signature appearing from 1994 onward marks the post-crisis stabilization period. He died in office in 2000, the same year this series was retired.