Swedish Krona (SEK)
The Swedish krona is the currency of Sweden and a small, liquid currency that often moves with global risk appetite. The Riksbank sets policy.
The latest available mid-market reference is 1 SEK = 0.1005 USD. The table below shows the same rate against the other major currencies.
Key facts
Structural details reviewed . Regimes and issuing arrangements can change.
The role of the Swedish Krona
Sweden is a small open economy with a large export sector, and the krona is used in Nordic trade. It is a liquid but narrowly traded currency that often moves with risk appetite.
A short history
The krona was introduced in 1873 and has been floated since 1992. Sweden voted against joining the euro in 2003.
What moves the Swedish Krona
Riksbank policy, Swedish exports, housing and household debt, and the euro area outlook. The krona is sensitive to changes in risk appetite.
Live SEK exchange rate
| Currency | 1 SEK equals |
|---|---|
| US Dollar (USD) | 0.1005 |
| Euro (EUR) | 0.090397 |
| British Pound (GBP) | 0.075586 |
| Japanese Yen (JPY) | 16.0242 |
| Chinese Yuan (CNY) | 0.6716 |
| Indian Rupee (INR) | 9.4280 |
| Canadian Dollar (CAD) | 0.1430 |
| Australian Dollar (AUD) | 0.1466 |
| Swiss Franc (CHF) | 0.083563 |
Mid-market rate updated . Banks and transfer providers add a margin. About our rates.
SEK conversion pages
Other currency profiles
Swedish Krona questions
What is the Swedish Krona?
Swedish Krona (SEK) is used in the following countries and territories: Sweden. Central bank: Sveriges Riksbank. Exchange rate regime: free float.
Which countries use the Swedish Krona?
The Swedish Krona is used in the following countries and territories: Sweden.
What affects the Swedish Krona exchange rate?
Riksbank policy, Swedish exports, housing and household debt, and the euro area outlook. The krona is sensitive to changes in risk appetite.