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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.

 
Foreign Transfer ProvidersReceive SEK(kr)Exchange RateFee AUDTotal CostDeal Links
TorFX logo
64,204 SEK
Best Overall
6.420401.9%
OFX (OzForex) logo
64,268 SEK
64 SEK
6.42680^1.8%
WorldFirst logo
65,118 SEK
914 SEK
6.511800.5%
ANZ Bank logo
63,296 SEK
908 SEK
6.341183.28%
BankSA International Money Transfers
BankSA logo
63,028 SEK
1,176 SEK
6.315420.013.69%
Bank of Melbourne International Money Transfers
Bank of Melbourne logo
63,021 SEK
1,183 SEK
6.3154213.7%
National Australia Bank (nab) logo
62,542 SEK
1,662 SEK
6.268224.44%
Banks - Average Rate
National Australia Bank (nab) logo Westpac logo ANZ Bank logo Commonwealth Bank (CBA) logo St George Bank logo Bank of Melbourne logo BankSA logo
62,337 SEK
1,867 SEK
6.2451154.75%
Commonwealth Bank (CBA) logo
61,985 SEK
2,219 SEK
6.20226 5.29%
St George Bank logo
61,836 SEK
2,368 SEK
6.196205.51%
Westpac logo
60,653 SEK
3,551 SEK
6.0775207.32%
TorFX: Foreign Transfer AUD→SEK
AUD amount:$10,000 AUD
Fee:0
Exchange Rate:6.4204 (1.9% from mid-rate)
SEK amount:64,204 SEK
Total Cost:1.9%
Time:12:01 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
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:6.4268 (1.8% from mid-rate)
SEK amount:64,268 SEK
Total Cost:1.8%
Difference:
64 SEK more than using TorFX
Time:
Rate Fetched: Fri Aug 23 2019 10:00:51 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
WorldFirst: Foreign Transfer AUD→SEK
AUD amount:$10,000 AUD
Fee:
Exchange Rate:6.5118 (0.5% from mid-rate)
SEK amount:65,118 SEK
Total Cost:0.5%
Difference:
914 SEK more than using TorFX
Time:12:01 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
ANZ Bank: Foreign Transfer AUD→SEK
AUD amount:$10,000 AUD
Fee:18
Exchange Rate:6.341 (3.11% from mid-rate)
SEK amount:63,296 SEK
Total Cost:3.28%
Difference:
908 SEK less than using TorFX
Time:
Rate Fetched: website - Fri Aug 23 2019 10:03:04 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
BankSA: Foreign Transfer AUD→SEK
AUD amount:$10,000 AUD
Fee:20.01
Exchange Rate:6.3154 (3.5% from mid-rate)
SEK amount:63,028 SEK
Total Cost:3.69%
Difference:
1,176 SEK less than using TorFX
Time:
Rate Fetched: website - 12:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Bank of Melbourne: Foreign Transfer AUD→SEK
AUD amount:$10,000 AUD
Fee:21
Exchange Rate:6.3154 (3.5% from mid-rate)
SEK amount:63,021 SEK
Total Cost:3.7%
Difference:
1,183 SEK less than using TorFX
Time:
Rate Fetched: website - 12:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
National Australia Bank (nab): Foreign Transfer AUD→SEK
AUD amount:$10,000 AUD
Fee:22
Exchange Rate:6.268 (4.22% from mid-rate)
SEK amount:62,542 SEK
Total Cost:4.44%
Difference:
1,662 SEK less than using TorFX
Time:
Rate Fetched: website - Fri Aug 23 2019 10:05:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2.1/5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer AUD→SEK
AUD amount:$10,000 AUD
Fee:15
Exchange Rate:6.3721 (2.63% from mid-rate)
SEK amount:62,337 SEK
Total Cost:4.75%
Difference:
1,867 SEK less than using TorFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Commonwealth Bank (CBA): Foreign Transfer AUD→SEK
AUD amount:$10,000 AUD
Fee:6
Exchange Rate:6.2022 (5.23% from mid-rate)
SEK amount:61,985 SEK
Total Cost:5.29%
Difference:
2,219 SEK less than using TorFX
Time:
Rate Fetched: website - Fri Aug 23 2019 10:02:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1.2/5.0
Reviews:
St George Bank: Foreign Transfer AUD→SEK
AUD amount:$10,000 AUD
Fee:20
Exchange Rate:6.1960 (5.33% from mid-rate)
SEK amount:61,836 SEK
Total Cost:5.51%
Difference:
2,368 SEK less than using TorFX
Time:
Rate Fetched: website - 12:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
Westpac: Foreign Transfer AUD→SEK
AUD amount:$10,000 AUD
Fee:20
Exchange Rate:6.0775 (7.14% from mid-rate)
SEK amount:60,653 SEK
Total Cost:7.32%
Difference:
3,551 SEK less than using TorFX
Time:
Rate Fetched: website - Mon Apr 15 2019 01:04:04 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 
Snapshot 08/23/2019 - 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
Australia Post logo
6,315.4 SEK
Best Overall
6.3154$0 BPay, Card 0.72%-1%3.5%
Bank of Melbourne Foreign Currency
Bank of Melbourne logo
6,220.67 SEK
95 SEK
6.3154A$154.95%
BankSA Foreign Currency
BankSA logo
6,220.67 SEK
95 SEK
6.3154A$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
6,138 SEK
177 SEK
6.2159106.21%
Commonwealth Bank (CBA) logo
6,136.81 SEK
179 SEK
6.1988A$106.23%
National Australia Bank (nab) logo
6,133.45 SEK
182 SEK
6.1954106.28%
St George Bank logo
6,099.71 SEK
216 SEK
6.1926A$156.8%
Travelex Online AU logo
6,028 SEK
287 SEK
6.028$0 BPay, Card 0.72%-1%7.89%
Westpac logo
6,016.73 SEK
299 SEK
6.0775A$108.06%
Australia Post: 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:6.3154 (3.5% from mid-rate)
SEK amount:6,315.4 SEK
Total Cost:3.5%
Time:12:01 Local
Currency Services:Online order, Branch pickup, $10 fee for orders under $1000
Delivery/Collect:2-3 days
Rating:
 
: 4/5.0
Reviews:
Bank of Melbourne: Travel Money AUD→SEK
AUD amount:$1,000 AUD
Fee:A$15 AUD (Minimum fee)
Exchange Rate:6.3154 (3.5% from mid-rate)
SEK amount:6,220.67 SEK
Total Cost:4.95%
Time:
Rate Fetched: website - 12:01 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:6.3154 (3.5% from mid-rate)
SEK amount:6,220.67 SEK
Total Cost:4.95%
Time:
Rate Fetched: website - 12:01 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:6.2207 (4.95% from mid-rate)
SEK amount:6,138 SEK
Total Cost:6.21%
Currency Services:Branch
Delivery/Collect:-
Commonwealth Bank (CBA): Travel Money AUD→SEK
AUD amount:$1,000 AUD
Fee:A$10 AUD (1%)
Exchange Rate:6.1988 (5.28% from mid-rate)
SEK amount:6,136.81 SEK
Total Cost:6.23%
Time:
Rate Fetched: website - Fri Aug 23 2019 10:02:02 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
National Australia Bank (nab): Travel Money AUD→SEK
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:6.1954 (5.33% from mid-rate)
SEK amount:6,133.45 SEK
Total Cost:6.28%
Time:
Rate Fetched: website - 12:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2.1/5.0
Reviews:
St George Bank: Travel Money AUD→SEK
AUD amount:$1,000 AUD
Fee:A$15 AUD (Minimum fee)
Exchange Rate:6.1926 (5.38% from mid-rate)
SEK amount:6,099.71 SEK
Total Cost:6.8%
Time:
Rate Fetched: website - 12:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
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:6.028 (7.89% from mid-rate)
SEK amount:6,028 SEK
Total Cost:7.89%
Time:
Rate Fetched: Fri Aug 23 2019 10:00:04 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
Westpac: Travel Money AUD→SEK
AUD amount:$1,000 AUD
Fee:A$10 AUD (1%)
Exchange Rate:6.0775 (7.14% from mid-rate)
SEK amount:6,016.73 SEK
Total Cost:8.06%
Time:
Rate Fetched: website - Mon Apr 15 2019 01:04:04 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
 
Snapshot 08/23/2019 - See full table

AUD to SEK interbank exchange rate = 6.5371

 
 

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 early August the Australian dollar sunk to a 10 year low of 67¢ (Aug-7) to the US dollar. This was due to the offshore yuan breaking the symbolic and closely watched USD/CNY = 7.0 exchange rate, after the trade war flared up again and the US labelled China a "currency manipulator".

Investors have sold AUD in recent months as they’ve bet on aggressive interest-rate cuts by the Reserve Bank of Australia. These bets paid off: the RBA cut its cash rate in both June and July to a record low of 1 percent.

Lower borrowing costs are 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.

AUD will continue to track changes in interest-rate expectations. Economists expect at least one further cut this year and many expect two by early 2020. After July's cut, the RBA hinted it would leave rates unchanged for several months.

Interestingly, AUD has decoupled from commodity prices in 2019. The price of iron ore (Australia’s largest export) nears multi-year highs while AUD languishes.

Further RBA interest rate cuts this year are now a certainty, and that doesn’t bode well for currency valuations. Westpac has predicted three cuts this year.

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