SEK to TRY interbank exchange rate = 0.6325
This calculator converts amounts at the latest TRY/SEK mid-rate orto check the exchange rate you are being offered or already charged.
SEK / TRY converter & margin calculator
|1 SEK||0.6325 TRY|
|5 SEK||3.1625 TRY|
|10 SEK||6.3250 TRY|
|20 SEK||12.65 TRY|
|50 SEK||31.63 TRY|
|100 SEK||63.25 TRY|
|250 SEK||158.13 TRY|
|500 SEK||316.25 TRY|
|1,000 SEK||632.50 TRY|
|2,000 SEK||1,265.00 TRY|
|5,000 SEK||3,162.50 TRY|
|10,000 SEK||6,325.00 TRY|
|50,000 SEK||31,625.00 TRY|
|100,000 SEK||63,250.00 TRY|
|1.5811 SEK||1 TRY|
|7.9055 SEK||5 TRY|
|15.81 SEK||10 TRY|
|31.62 SEK||20 TRY|
|79.06 SEK||50 TRY|
|158.11 SEK||100 TRY|
|395.28 SEK||250 TRY|
|790.55 SEK||500 TRY|
|1,581.10 SEK||1,000 TRY|
|3,162.20 SEK||2,000 TRY|
|7,905.50 SEK||5,000 TRY|
|15,811.00 SEK||10,000 TRY|
|79,055.00 SEK||50,000 TRY|
|158,110.00 SEK||100,000 TRY|
|TRY Country Guides|
SEK/TRY - Historical Trends
This table shows historic rates and trends of Swedish Krona to Turkish Lira over periods upto 10 years.
|1 Day||0.6288||19 May 2019|
|1 Week||0.6329||13 May 2019|
|1 Month||0.6248||20 Apr 2019|
|6 Months||0.5891||21 Nov 2018|
|1 Year||0.5135||20 May 2018|
|5 Years||0.3192||21 May 2014|
|10 Years||0.2057||22 May 2009|
You can use our SEK interactive charts to check SEKTRY historic trends.
Outlook and forecasts for SEK and TRY
Whenever you are researching a particular exchange rate you are actually interested in two currencies as exchange rates are the ratio between two currencies.
So it follows that if you are determining the best time to transact, in this case the SEK vs TRY, you should pay attention to the forecasts and trends for both Swedish Krona and Turkish Lira:
Swedish Krona (SEK) outlook
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.
Turkish Lira (TRY) outlook
In the second half of April, the lira slipped to its weakest level in 6 months against the dollar, at ₺5.83. It was 11.5 percent lower than its strongest level from January, but was 21.5 percent higher than its 2018 low (2018 was a crisis year for the lira).
In April, Turkey described a reform package aimed at lifting the economy out of recession. The package included billions injected into banks, reduced tax exemptions, lower corporate tax rates and a crackdown on the shadow economy; however, ratings agencies did not see many positives in the plans due to inadequate details.
TradingEconomics.com sees the lira quoted 5 percent weaker against the dollar in April 2020, at ₺6.14.
Why can't I just get the SEK/TRY market rate I see online or in the media?
The SEK/TRY mid-rate is the rate you will see quoted online 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 SEK / TRY 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.
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