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GBP/SEK - Rate Guide

British Pound Sterling 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.

 

GBP/SEK Exchange Rates and Providers Compared

This guide to the British Pound Sterling to Swedish Krona exchange rate with 90-day chart & alerts, historic rates, forecasts and GBP to SEK comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. Calculate amounts and rate margins with the GBP/SEK Calculator.

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GBP/SEK - 90 Day Rate Alerts

1 GBP = 12.1268 SEK

NO ALERTS for GBP/SEK
GBP/SEK over the last 90 days

View GBP/SEK - Interactive Chart

GBP / SEK converter & margin calculator

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Compare how much you can save on GBP/SEK exchange rates for:

Foreign Transfers Travel Money

Foreign Transfers Travel Money

British Pound Sterling

Swedish Krona

1 GBP 12.13 SEK
5 GBP 60.63 SEK
10 GBP 121.27 SEK
20 GBP 242.54 SEK
50 GBP 606.34 SEK
100 GBP 1,212.68 SEK
250 GBP 3,031.70 SEK
500 GBP 6,063.40 SEK
1,000 GBP 12,126.80 SEK
2,000 GBP 24,253.60 SEK
5,000 GBP 60,634.00 SEK
10,000 GBP 121,268.00 SEK
50,000 GBP 606,340.00 SEK
100,000 GBP 1,212,680.00 SEK
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British Pound Sterling

Swedish Krona

0.0825 GBP 1 SEK
0.4123 GBP 5 SEK
0.8246 GBP 10 SEK
1.6492 GBP 20 SEK
4.1231 GBP 50 SEK
8.2462 GBP 100 SEK
20.62 GBP 250 SEK
41.23 GBP 500 SEK
82.46 GBP 1,000 SEK
164.92 GBP 2,000 SEK
412.31 GBP 5,000 SEK
824.62 GBP 10,000 SEK
4,123.10 GBP 50,000 SEK
8,246.20 GBP 100,000 SEK
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Country Guides (GBP & SEK)
United KingdomUnited Kingdom (GBP)GuernseyGuernsey (GBP)Isle of ManIsle of Man (GBP)
JerseyJersey (GBP)South Georgia And South Sandwich IslandsSouth Georgia And South Sandwich Islands (GBP)SwedenSweden (SEK)

GBP/SEK - Historical Trends

This table shows historic rates and trends of British Pound Sterling to Swedish Krona over periods upto 10 years.

PeriodChange*GBP/SEKDate
1 Day-0.2%12.096522 Sep 2019
7 Day+0.5%12.006116 Sep 2019
30 Day+2.4%11.794024 Aug 2019
3 Month+2.4%11.783325 Jun 2019
1 Year+5.1%11.489423 Sep 2018
5 Year+3%11.720824 Sep 2014
10 Year+9.1%11.062625 Sep 2009

*For period to 23-Sep 21UTC when GBP/SEK was 12.0715

You can use our GBP interactive charts to check GBPSEK historic trends.

Get a Better FX Deal when you Send and Spend Abroad.

 

GBP and SEK in the Markets

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

 

British Pound Sterling (GBP)

Pound valuations will continue to fluctuate based on Brexit No-deal, Deal and Remain probabilities. No-deal prospects may increase if, as is widely expected, ardent Brexiteer Boris Johnson becomes the UK’s next prime minister. However, some banks argue that Johnson’s appointment would make little difference to no-deal or remain probabilities.

The pound is unlikely to receive much in the way of meaningful respite until November, analysts say, when hopefully the UK-EU Brexit arrangement, or lack thereof, is known (Boris Johnson insists that the UK will not seek any further Article 50 extensions beyond the October-31 deadline).

The pound would be doing far worse if it weren't receiving some support from the Bank of England which, surprisingly, is the only major central bank still considering higher interest rates in 2019.

By some margin, the pound was the worst-performing major currency in the second quarter. It slipped in late June to multi-month lows against a number of important currencies, including the Australian dollar, New Zealand dollar, euro, Canadian dollar and Swiss franc.

Read more in the article GBP 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 GBP/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 GBP / 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.

 

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