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AUD to SEK - Compare Exchange Rates

Australian Dollar to Swedish Krona - Convert Compare Save

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

 

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


$AUD
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Mid-rates:
 

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AUD/SEK exchange rates for:

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1 Week AUD to SEK
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Australian Dollar

Swedish Krona

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
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Australian Dollar

Swedish Krona

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
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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.

DateExchange RatePeriodChange
21 Mar 20196.5259Latest
14 Mar 20196.57521 Week-0.75%
19 Feb 20196.67391 Month-2.22%
22 Sep 20186.41306 Months+1.76%
21 Mar 20186.36591 Year+2.51%
21 Mar 20176.75162 Years-3.34%
22 Mar 20145.83435 Years+11.85%
23 Mar 20095.669510 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.

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

The three things you need in order to get a good AUD to SEK exchange rate

  1. 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.
  2. Compare your Bank's transaction costs to several 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.
  3. 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.