Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

Currency outlook USD/SEK

USD to SEK Forecasts – US dollar to Swedish krona

Latest USD to SEK forecasts including bank predictions, key market drivers and recent trends for USD/SEK. See where analysts expect the pair to move and the factors likely to influence it.

USD to SEK Forecast & Outlook

23 Jul 2026 • 00:25 GMT

USD/SEK 9.6984

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 9.5760 – 9.7470
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: 🟢 Uptrend

Currently, USD/SEK is trading close to recent highs, supported by risk-off sentiment and safe-haven flows. The pair remains near the upper end of its recent 3-month range and above its 90-day average, indicating caution. Near-term conditions suggest the pair may face downward pressure if risk sentiment eases, but downside could be limited unless global risk aversion intensifies.

💸 Transfer implications

  • Expats: sending money to Sweden may find current exchange rates slightly less favourable than recent levels.
  • Travellers: exchanging USD for SEK might see a modest advantage if the pair declines.
  • Businesses: paying Swedish invoices in SEK using USD could face less favourable conditions if the pair strengthens further.

🧭 Key drivers

  • Rate gap: The US Federal Reserve's cautious stance and the Riksbank's neutral tone create a narrow yield differential.
  • Risk/commodities: Risk-off conditions support safe-haven currencies and pressure SEK.
  • Global factors: Elevated geopolitical tensions maintain demand for USD amid energy shocks and market uncertainty.

⚠️ What could change it

  • Upside risk: A lessening of risk-off sentiment and reduction in safe-haven flows.
  • Downside risk: Further escalation of geopolitical or economic risks could deepen risk aversion and reinforce safe-haven support.

BER suggests comparing FX providers, as finding providers with lower margins can reduce total transfer costs.

 

USDSEK Bank Forecasts to end of the year

ING THINK anticipates that the USDSEK will decline to 8.44 by the end of the year. This forecast reflects expectations of a significant appreciation of the Swedish krona, partly due to its current undervaluation against the US dollar and the euro. The outlook suggests a slower but more predictable appreciation for the SEK as it realigns with its perceived value.

Big bank views

  • ING THINK forecasts USDSEK at 8.44 by year-end, indicating a strengthening SEK.
  • Current USD strength is driven by expectations of a Federal Reserve rate hike.
  • ING sees SEK benefiting from strong domestic economic conditions and broad market trends favoring high-beta currencies.

What could change the outlook

  • A shift in Federal Reserve monetary policy could alter USD strength significantly.
  • Changes in the global risk environment affecting high-beta currencies like the SEK could impact these projections.
 

USD-SEK Rate Calculator

 
 
   
   
   
   
   
 
 

USD to SEK Market Data

US dollar (USD) to Swedish krona (SEK) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell USD   →   Buy SEK
1 USD =
9.7714We compare provider deals to this wholesale mid-market rate. Read more
SEK
1d−0.1%▼
USD to SEK at 9.6984 is 2.4% above its 3-month average of 9.4679, having traded in a quite stable 5.8% range from 9.2105 to 9.7469
|
Tracker

Manage Tracker   

  1 SEK = 0.1023 USD

Compare & Save - US dollar to Swedish krona

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare US dollar (USD) to Swedish krona (SEK) rates from different sources before making a conversion.

Use our USD to SEK calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Dollar to Krona currency rates and the possible savings of using various providers.

 
 

Will the US dollar rise against the Swedish krona?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the US dollar vs Swedish krona current value is to look the USD/SEK historic rate and change over a range of periods.

The following table looks at the change in the USD to SEK exchange rate over periods from the previous week back to the last 10 years.

DateUSD/SEKChangePeriod
09 Jul 2026
9.6632
0.1% ▲2 Week
24 Apr 2026
9.2204
4.9% ▲3 Month
23 Jul 2025
9.5066
1.8% ▲1 Year
24 Jul 2021
8.6908
11.3% ▲5 Year
25 Jul 2016
8.6365
12% ▲10 Year
28 Jul 2006
7.2707
33.1% ▲20 Year
USD/SEK historic rates & change to 23-Jul-2026

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add USD/SEK to your personalised Rate Tracker to track and benefit from currency movements.

 
Track Rate
 

Manage Tracker   

 

Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more