Loading...

CAD to SEK - Rate Guide

Canadian 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/Card transactions as shown below.

 

1 CAD = 7.3459 SEK

   Sell CAD / Buy SEK  Switch

CAD to SEK - Trading Range (90 Day)
1-DAY ▲ 0.5% (2d)60-DAY HIGH (2d)
CAD/SEK at 7.3281 is trading 1.2% above the 90-day average 7.2405 with a range 7.1134 to 7.3453. There are no current rate alerts.
16-Feb-2020 16:NY 21:LON 08:SYD+1d

More Charts


Quick Conversions from Canadian Dollar to Swedish Krona

CAD

SEK

C$ 1
kr 7.3459
C$ 5
kr 36.73
C$ 10
kr 73.46
C$ 20
kr 146.92
C$ 50
kr 367.30
C$ 100
kr 734.59
C$ 250
kr 1,836
C$ 500
kr 3,673
C$ 1,000
kr 7,346
C$ 2,000
kr 14,692
C$ 5,000
kr 36,730
C$ 10,000
kr 73,459
C$ 50,000
kr 367,295
C$ 100,000
kr 734,590
More amounts

CAD

SEK

C$ 0.1361
kr 1
C$ 0.6805
kr 5
C$ 1.3610
kr 10
C$ 2.7220
kr 20
C$ 6.8050
kr 50
C$ 13.61
kr 100
C$ 34.03
kr 250
C$ 68.05
kr 500
C$ 136.10
kr 1,000
C$ 272.20
kr 2,000
C$ 680.50
kr 5,000
C$ 1,361
kr 10,000
C$ 6,805
kr 50,000
C$ 13,610
kr 100,000
More amounts

To calculate specific CAD/SEK amounts use our Convert CAD to SEK quick calculator.


Comparing Foreign Exchange Providers

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, Travel Money and prepaid multi-currency Travel Card transactions.

Country Guides (CAD & SEK)

CanadaCanada (CAD)SwedenSweden (SEK)

CAD and SEK in the Markets

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

Canadian Dollar (CAD)

Growing fears of the coronavirus outbreak has moved the market into safer currencies such as the USD and away from AUD, NZD and CAD.

The threat of proxy war between the US and Iran in Iraq also pared back some of the gains the Loonie had made coming into the New Year.

The Canadian dollar was range bound during the second half of 2019 oscillating between US75c and US76.5c. Mid-year the loonie stormed ahead in June and July, rising to what turned out to be the 2019 high against the US dollar of US76.7cents and to 8-month highs against the euro, pound, Australian and New Zealand dollars. Against the Aussie, a minimal additional increase would take CAD to a 9-year high.

Supporting the loonie was a 10 percent rise in the oil price (oil is among Canada’s most exported products but is volatile and can’t be relied upon), a large and welcome jump in inflation, and dovishness at major central banks of the world, including the Federal Reserve, ECB and RBA.

The USMCA was signed by the United States, Mexico and Canadian on November 30 at the G20 Summit in Buenos Aires. Any delay to Canadian ratification of the USMCA trade deal would have likely depressed sentiment on Canada’s currency.

Read more in the article CAD Forecasts.

 

Swedish Krona (SEK)

It’s been a grim 16 months for the Swedish krona. In October hitting a record low of 9.90 per USD and falling to its weakest level against the euro since the wake of the financial crisis as global trade tensions continued to take a toll.

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.


How to get Best CAD to SEK Exchange Rates

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).

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.

When is the best time to exchange CAD to SEK?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup myBER FX Alerts

It is also a good idea to be aware of the change in the historic CAD/SEK exchange rate over longer periods.

CAD/SEK - Historical Rates

PeriodChange*CAD/SEKDate
1 Day+0.6%7.291513 Feb 2020
7 Day+1%7.261007 Feb 2020
30 Day+1.1%7.255315 Jan 2020
3 Month+0.5%7.300816 Nov 2019
1 Year+5%6.987414 Feb 2019
5 Year+8.5%6.756715 Feb 2015
10 Year+6.2%6.908316 Feb 2010

*For period to 14-Feb 21UTC when CAD/SEK was 7.3338

We help you Save Money on Exchange Rates.

 

View all CAD Exchange Rates