AUD to SEK interbank exchange rate = 6.5855
Right now the AUD/SEK interbank exchange rate is 6.5855. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.
It's the reference rate we use to calculate how much you are being charged to convert Swedish Krona to Australian Dollar.
This AUD/SEK Converter calculates equivalent Australian Dollar to Swedish Krona amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.
AUD / SEK converter & margin calculator
|1 AUD||6.5855 SEK|
|5 AUD||32.93 SEK|
|10 AUD||65.86 SEK|
|20 AUD||131.71 SEK|
|50 AUD||329.28 SEK|
|100 AUD||658.55 SEK|
|250 AUD||1,646.38 SEK|
|500 AUD||3,292.75 SEK|
|1,000 AUD||6,585.50 SEK|
|2,000 AUD||13,171.00 SEK|
|5,000 AUD||32,927.50 SEK|
|10,000 AUD||65,855.00 SEK|
|50,000 AUD||329,275.00 SEK|
|100,000 AUD||658,550.00 SEK|
|0.1518 AUD||1 SEK|
|0.7590 AUD||5 SEK|
|1.5180 AUD||10 SEK|
|3.0360 AUD||20 SEK|
|7.5900 AUD||50 SEK|
|15.18 AUD||100 SEK|
|37.95 AUD||250 SEK|
|75.90 AUD||500 SEK|
|151.80 AUD||1,000 SEK|
|303.60 AUD||2,000 SEK|
|759.00 AUD||5,000 SEK|
|1,518.00 AUD||10,000 SEK|
|7,590.00 AUD||50,000 SEK|
|15,180.00 AUD||100,000 SEK|
|SEK Country Guides|
Australian Dollar to Swedish Krona (AUD-SEK) - 10 Year History
The below table shows the historic variation in the AUD/SEK exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of AUD versus other currencies : AUD historical charts.
|21 Mar 2019||6.5259||Latest|
|14 Mar 2019||6.5752||1 Week||-0.75%|
|19 Feb 2019||6.6739||1 Month||-2.22%|
|22 Sep 2018||6.4130||6 Months||+1.76%|
|21 Mar 2018||6.3659||1 Year||+2.51%|
|21 Mar 2017||6.7516||2 Years||-3.34%|
|22 Mar 2014||5.8343||5 Years||+11.85%|
|23 Mar 2009||5.6695||10 Years||+15.11%|
Why can't I just get the AUD/SEK market rate I see on Google or in the Media?
The AUD/SEK mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the AUD / SEK was traded (bought or sold) in the international markets.
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.
The closer your final exchange rate is to the market AUD/SEK midrate the better deal you are getting.
The three things you need in order to get a good AUD to SEK exchange rate
- Know the latest AUD/SEK market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
- Compare your Bank's transaction costs
licensed FX providers, remember to compare
the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
- Review up-to-date Currency News and Forecasts for both the and currencies, if available.
Currency news and forecasts for Australian Dollar and Swedish Krona
Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.
So it follows that if you are determining the best time to transact, in this case the AUD vs SEK, you should pay attention to both Australian Dollar and Swedish Krona news and forecasts.
Australian Dollar (AUD) - Market news and forecasts
Following a flash crash in early January, which saw the Australian dollar briefly trade at a 10-year low of $0.674, the Aussie recovered to $0.73, but then, as it had done before the flash crash, it commenced with a slow and steady decline, and it was back at $0.705 in mid-March and was predicted to fall further.
In February, HSBC predicted a year-end AUD/USD rate of $0.66. In March, Westpac and JP Morgan were slightly more upbeat and argued for $0.68.
Fuelling lower exchange rate forecasts is the Australian economic story, for which major themes include a housing market slump, Chinese growth and the US-China trade spat. The RBA slashed growth forecasts in February and markets are now pricing in 1-2 interest rate cuts this year.
Another Aussie exchange rate worth mentioning is AUD/GBP, which sank in mid-March to its lowest level in nearly 3 years, at just £0.53. The Australian dollar has been unable to compete with the pound of late, since the latter benefits every time the British government fails to make a decision on how to deliver Brexit (every time Brexit appears less likely or to be delayed).
Swedish Krona (SEK) - Market news and forecasts
2019 has been something of a shocker for the Swedish krona. The currency is the worst performing major currency by some margin, confounding the forecasts of analysts which suggested it would be among the best now that Sweden’s central bank has commenced with a policy tightening cycle (in December it hiked interest rates for the first time in seven years).
Between January and March-8, the krona lost 7 percent of its value against the dollar and slipped to a record low of kr9.5; it also lost 5 percent against the euro, to kr10.65—a six-month low. The krona weakened along with expectations for future Riksbank hikes, which themselves were dented as evidence of a global economic slowdown piled up.
Fortunately for those holding krona, in the week leading up to this report (March-17), the krona was especially strong, making back roughly 40 percent of the aforementioned losses. The rally was driven by speculation that the Riksbank would intervene in the market to strengthen the currency.
“We reiterate our bearish view on the krona,” ING said in February, and “we don't rule out a [EUR/SEK] convergence towards 11.00”—that’s a rate not seen in a decade.