Episode

16th July 1661: Europe’s first banknotes issued by the Swedish bank Stockholms Banco

Podcast

HistoryPod

Published

Jul 16, 2026

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https://www.historypod.net/07/16/16th-july-1661-europes-first-banknotes-issued-by-the-swedish-bank-stockholms-banco/

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Summary

The new banknotes were welcomed because they were lighter, easier to carry, and more convenient for trade. The bank also found that paper currency encouraged greater commercial ...