A portrait of King Carl XVI Gustaf in profile, surrounded by the inscription "Carl XVI Gustaf • King of Sweden", date of the issue below. Designer's initials below the king's neck.

Carl XVI Gustaf (full name: Carl Gustaf Folke Hubertus; born 30 April 1946) is the King of Sweden. He ascended the throne on the death of his grandfather, King Gustaf VI Adolf, on 15 September 1973.

Engraver: Ernst Nordin

A heraldic representation of the crown of King Eric XIV of Sweden divides mint mark (E: AB Myntverket, Eskilstuna, Sweden) on the left and the Governor of the Riksbank's initials on the right. Above the king's personal motto "For Sweden – With the Times" and below the value.

The original crown was made in Stockholm in 1561 by Flemish goldsmith Cornelius ver Weiden, for the coronation of King Eric XIV. It is held in the Treasury under the Stockholm Palace along with the rest of the Swedish Royal Regalia. The crown is the official crown of the King of Sweden and is still used in ceremonies.

Governor of the Riksbank's initials
• B: Urban Bäckström (1994-2002)
• H: Lars Heikensten (2003-2006)
• SI: Stefan Nils Magnus Ingves (2006-..)

Variations exist:
 • 2003: Reverse: larger trefoils on the crown
 • 2007: Reverse: smaller trefoils on the crown