New Currency Steals the US Dollar's 'Crown' in 2025
In the latest development, Scandinavian crown currencies have emerged as star performers, outperforming the US dollar by 16.74% in 2025. The Swedish crown is up 15%, delivering its best-ever performance against the USD in over 50 years. Norway’s crown is also up 13% against the greenback, its highest since 2008. Also Read: EU Urges Trump to End Tariffs as G7 Summit Opens Not just the US dollar, the Swedish crown is up 4.5% against the euro and Norway’s crown surged 2% against the euro. Both the US dollar and the euro are losing their ‘crown’ to the Scandinavian currencies this year. Institutional funds are mostly moving abroad as clients perceive the US markets as volatile due to recent policy changes. US Dollar Loses to ‘Crown’ Currencies in 2025 Source: Seeking Alpha / hamzaturkkol The crown (krona) is an English translation of the Scandinavian currencies used in Sweden, Norway, and Denmark. It is also used in the Faroe Islands, Greenland, Iceland, ...