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AUD/SEK - Convert Compare Save

Australian Dollar to Swedish Krona exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

This resource page for the Australian Dollar to Swedish Krona exchange rate, has news, forecasts and AUD to SEK comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

AUD/SEK Exchange Rates - How to Compare & Save

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for AUD/SEK International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
ProvidersReceive SEK(kr)Exchange RateFee AUDTotal CostDeal Links
OFX (OzForex) logo
63,889 SEK
Best Overall
6.38890^1.2%
BankSA International Money Transfers
BankSA logo
62,277 SEK
1,612 SEK
6.240220.013.69%
Bank of Melbourne International Money Transfers
Bank of Melbourne logo
62,271 SEK
1,618 SEK
6.2402213.7%
Banks - Average Rate
St George Bank logo National Australia Bank (nab) logo Bank of Melbourne logo BankSA logo
61,629 SEK
2,260 SEK
6.1757154.7%
St George Bank logo
61,045 SEK
2,844 SEK
6.1167205.6%
National Australia Bank (nab) logo
60,921 SEK
2,968 SEK
6.1055225.79%
OFX (OzForex): Foreign Transfer AUD→SEK
AUD amount:$10,000 AUD
Fee:0^ - No fees for BestExchangeRates users (normally $15 for transfers over $10K)
Exchange Rate:6.3889 (-1.2% from mid-rate)
SEK amount:63,889 SEK
Total Cost:1.2%
Time:
Rate Fetched: 0:29 Local
Rating:
 
: 4.8/5.0
Reviews:
BankSA: Foreign Transfer AUD→SEK
AUD amount:$10,000 AUD
Fee:20.01
Exchange Rate:6.2402 (-3.5% from mid-rate)
SEK amount:62,277 SEK
Total Cost:3.69%
Time:
Rate Fetched: website - 0:29 Local
Rating:
: /5.0
Reviews:
Bank of Melbourne: Foreign Transfer AUD→SEK
AUD amount:$10,000 AUD
Fee:21
Exchange Rate:6.2402 (-3.5% from mid-rate)
SEK amount:62,271 SEK
Total Cost:3.7%
Time:
Rate Fetched: website - 0:29 Local
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer AUD→SEK
AUD amount:$10,000 AUD
Fee:15
Exchange Rate:6.3293 (-2.12% from mid-rate)
SEK amount:61,629 SEK
Total Cost:4.7%
St George Bank: Foreign Transfer AUD→SEK
AUD amount:$10,000 AUD
Fee:20
Exchange Rate:6.1167 (-5.41% from mid-rate)
SEK amount:61,045 SEK
Total Cost:5.6%
Time:
Rate Fetched: website - 0:29 Local
Rating:
 
: 1/5.0
Reviews:
National Australia Bank (nab): Foreign Transfer AUD→SEK
AUD amount:$10,000 AUD
Fee:22
Exchange Rate:6.1055 (-5.58% from mid-rate)
SEK amount:60,921 SEK
Total Cost:5.79%
Time:
Rate Fetched: website - 0:29 Local
Rating:
 
: 2.1/5.0
Reviews:
 
Snapshot 06/26/2019 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money ProvidersAmount SEK(kr)Exchange RateFee AUDTotal CostDeal Links
Bank of Melbourne Foreign Currency
Bank of Melbourne logo
6,146.6 SEK
Compare
6.2402A$154.95%
BankSA Foreign Currency
BankSA logo
6,146.6 SEK6.2402A$154.95%
Banks - Average Rate
Westpac logo Commonwealth Bank (CBA) logo St George Bank logo National Australia Bank (nab) logo Bank of Melbourne logo BankSA logo
6,075 SEK
72 SEK
6.1521106.05%
National Australia Bank (nab) logo
6,060.38 SEK
86 SEK
6.1216106.28%
Commonwealth Bank (CBA) logo
6,058.31 SEK
88 SEK
6.1195A$106.31%
St George Bank logo
6,021.7 SEK
125 SEK
6.1134A$156.88%
Westpac logo
6,016.73 SEK
130 SEK
6.0775A$106.96%
Travelex Online AU logo
5,959.9 SEK
187 SEK
5.9599$0 BPay, Card 0.72%-1%7.83%
Bank of Melbourne: Travel Money AUD→SEK
AUD amount:$1,000 AUD
Fee:A$15 AUD (Minimum fee)
Exchange Rate:6.2402 (3.5% from mid-rate)
SEK amount:6,146.6 SEK
Total Cost:4.95%
Time:
Rate Fetched: website - 0:29 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
BankSA: Travel Money AUD→SEK
AUD amount:$1,000 AUD
Fee:A$15 AUD (Minimum fee)
Exchange Rate:6.2402 (3.5% from mid-rate)
SEK amount:6,146.6 SEK
Total Cost:4.95%
Time:
Rate Fetched: website - 0:29 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money AUD→SEK
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:6.1466 (4.95% from mid-rate)
SEK amount:6,075 SEK
Total Cost:6.05%
Currency Services:Branch
Delivery/Collect:-
National Australia Bank (nab): Travel Money AUD→SEK
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:6.1216 (5.33% from mid-rate)
SEK amount:6,060.38 SEK
Total Cost:6.28%
Time:
Rate Fetched: website - 0:29 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2.1/5.0
Reviews:
Commonwealth Bank (CBA): Travel Money AUD→SEK
AUD amount:$1,000 AUD
Fee:A$10 AUD (1%)
Exchange Rate:6.1195 (5.37% from mid-rate)
SEK amount:6,058.31 SEK
Total Cost:6.31%
Time:
Rate Fetched: website - Wed Jun 26 2019 00:02:02 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
St George Bank: Travel Money AUD→SEK
AUD amount:$1,000 AUD
Fee:A$15 AUD (Minimum fee)
Exchange Rate:6.1134 (5.46% from mid-rate)
SEK amount:6,021.7 SEK
Total Cost:6.88%
Time:
Rate Fetched: website - 0:29 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
Westpac: Travel Money AUD→SEK
AUD amount:$1,000 AUD
Fee:A$10 AUD (1%)
Exchange Rate:6.0775 (6.02% from mid-rate)
SEK amount:6,016.73 SEK
Total Cost:6.96%
Time:
Rate Fetched: website - Mon Apr 15 2019 01:04:04 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
Travelex Online AU: Travel Money AUD→SEK
AUD amount:$1,000 AUD
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:5.9599 (7.83% from mid-rate)
SEK amount:5,959.9 SEK
Total Cost:7.83%
Time:
Rate Fetched: Wed Jun 26 2019 00:00:06 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Snapshot 06/26/2019 - See full table

AUD to SEK interbank exchange rate = 6.4723

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on AUD/SEK exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

AUD and SEK in the Markets

When determining the best time to make a foreign exchange transaction, in this case the AUD vs SEK, you should pay attention to the recent market trends for both currencies.

 

Australian Dollar (AUD)

In June, the Australian dollar has slumped to multi-month lows against USD, SGD, CAD, JPY, CHF and EUR. At US69.7¢, the benchmark Aussie rate, AUD/USD, was recovering somewhat in the final week of the month but remained 15 percent below 2018’s highest rates.

Investors are selling AUD as they bet on aggressive interest rate cuts by the Reserve Bank of Australia. These cuts will be necessary, investors believe, in light of persistently soft domestic data and the fallout from a US-China trade standoff that shows no sign of nearing an end, or even easing.

The RBA is likely to cut interest rates in July, as it did in June (the first cut in 3 years), and will probably cut again later this year. Although this bodes poorly for the Aussie, it won’t be the only currency this year to be hit by easier central bank policies, and that should keep depreciation at reasonable levels.

Interestingly, AUD has, for now at least, decoupled from commodity prices. The price of iron ore (Australia’s largest export) is at multi-year highs while AUD languishes.

Read more in the article AUD Forecasts.

 

Swedish Krona (SEK)

It’s been a grim 16 months for the Swedish krona. Now at a record low of 9.65 per USD, the krona has lost 18 percent of its value since February 2018. Within the same period, against the euro, the krona has slipped to 10-year lows near 10.8 per EUR — down 9 percent for the period.

2019 weakness has confounded forecasters, who predicted at the start of the year a much stronger currency based on expectations for higher interest rates in Sweden. With economic conditions changing for the worse, markets have now completely priced out any rate hike in 2019, spurring krona weakness.

Danske Bank said in May that “EUR/SEK is somewhat overbought … however, we believe there is a clear risk that Swedish growth and inflation will undershoot the Riksbank’s forecasts … and that monetary policy will have to remain accommodative for the foreseeable future.” As a result, Danske raised its 12-month EUR/SEK forecast to 11.00 to reflect its more bearish krona outlook.

Why can't I just get the AUD/SEK market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the AUD / SEK was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all AUD Exchange Rates