The riksdaler, known as the "daler" in 1534, was an Italian coin initially intended for local use but in 1609, it rose to a value of 6 mark when the other Swedish coins were debased so it was eventually used for international trade.
It was initially intended for international use and was divided into 4 marks and then a mark is further subdivided into 8 ores and then a ore is further subdivided into 24 pennings. 
