Are Sweden, Norway And Finland In The EU? Do They Use The Euro?

Are Sweden, Norway and Finland In The EU? Do They Use The Euro? Photo: Christine Davies.

Which of our destination countries are part of the European Union, and which ones use the Euro as their currency?

These are questions we’re often asked by guests travelling with us for their outdoor adventures in Sweden, Norway and Finland…and the answers aren’t necessarily straightforward!

Here’s our guide to understanding EU membership (or not!) and use of the Euro (or not!) in Sweden, Norway and Finland.

Is Sweden in the EU?

Yes, Sweden is part of the European Union. Sweden joined the EU in 1995.

Are Sweden, Norway and Finland In The EU? Do They Use The Euro? Photo: Jonathan Lamb.
Photo: Jonathan Lamb.

Does Sweden use the Euro?

No, Sweden has not adopted the Euro. A referendum was held in 2003 and the country voted to continue with its own currency, the Swedish Krona.

What currency does Sweden use?

The currency of Sweden is the Swedish Krona (plural Kronor) or Swedish Crown, written as SEK or Kr.

At the time of writing, 10 SEK = approx. £0.87 GBP,  €1 EUR or €1.2 USD.

One Swedish Krona (Crown) is divided into 100 öre. However, since 2010, the smallest coin in circulation in Sweden is 1 SEK and prices are rounded to the nearest Krona.

Coins currently in circulation are 1 SEK, 5 SEK and 10 SEK. Banknotes currently in circulation are 20 SEK, 50 SEK, 100 SEK, 200 SEK and 500 SEK.

Are Sweden, Norway and Finland In The EU? Do They Use The Euro? Photo: Kayleigh McMillan.
Photo: Kayleigh McMillan.

Is Norway in the EU?

No, Norway is not part of the European Union, but it is part of the EEA, the European Economic Area.

The EEA is made up of the EU member states plus Norway, Iceland and Lichtenstein. Membership of the EEA gives Norway access to the internal market on equal terms with EU countries.

Unlike Sweden and Finland, though, Norway is a member of NATO.

Are Sweden, Norway and Finland In The EU? Do They Use The Euro? Photo: Christian van Soest.
Photo: Christian van Soest.

Does Norway use the Euro?

No. Norway is not a member of the EU and so would not be eligible to use the Euro.

What currency does Norway use?

The currency of Norway is the Norwegian Krone (plural Kroner) or Norwegian Crown, written as NOK or Kr.

At the time of writing, 10 NOK = approx. £0.86 GBP, €0.98 EUR or €1.19 USD.

One Norwegian Krone (Crown) is divided into 100 øre. However, since 2012, the smallest coin in circulation in Norway is 1 NOK.

Coins currently in circulation are 1 NOK, 5 NOK, 10 NOK and 20 NOK. Banknotes currently in circulation are 50 NOK, 100 NOK, 200 NOK, 500 NOK and 1000 NOK.

Are Sweden, Norway and Finland In The EU? Do They Use The Euro? Photo: Matt Wright.
Photo: Matt Wright.

Is Finland in the EU?

Yes, Finland has been a member of the EU since 1995.

Does Finland use the Euro?

Yes, the currency of Finland is the Euro. Finland was one of the first countries to adopt the Euro, in 1999.

Before this, the currency of Finland was the Markka, or Finnish Mark. The Markka ceased to be legal tender in 2002.

Are Sweden, Norway and Finland In The EU? Do They Use The Euro? Photo George Baker.
Photo: George Baker.

How do you write numbers in Sweden, Norway and Finland?

When writing numbers, including amounts of money, Sweden, Norway and Finland, like many other countries, use a comma where other countries such as the UK would use a decimal point.

In the same way, where the UK uses a comma to separate thousands, Sweden, Norway and Finland use a space.

For example:

  • 1.25 in the UK would be 1,25 in Sweden, Norway and Finland.
  • 1,250 in the UK would be 1 250 in Sweden, Norway and Finland.
Are Sweden, Norway and Finland In The EU? Do They Use The Euro? Photo: Christine Davies.
Photo: Christine Davies.

For more information on the destinations we offer, see About Our Destinations.

Additional articles published before 2018 can be found at our previous blog location at naturetravels.wordpress.com