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SGD to SEK - Rate Guide

Singapore 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 SGD = 7.0051 SEK

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SGD to SEK - Trading Range (90 Day)
1-DAY ▲ 0.6% (1d)30-DAY LOW (7d)
SGD/SEK at 7.0151 is trading near the 90-day average 7.0107 with a range 6.901 to 7.1429. There are no current rate alerts.
19-Feb-2020 16:NY 21:LON 08:SYD+1d

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Quick Conversions from Singapore Dollar to Swedish Krona

SGD

SEK

S$ 1
kr 7.0051
S$ 5
kr 35.03
S$ 10
kr 70.05
S$ 20
kr 140.10
S$ 50
kr 350.26
S$ 100
kr 700.51
S$ 250
kr 1,751
S$ 500
kr 3,503
S$ 1,000
kr 7,005
S$ 2,000
kr 14,010
S$ 5,000
kr 35,026
S$ 10,000
kr 70,051
S$ 50,000
kr 350,255
S$ 100,000
kr 700,510
More amounts

SGD

SEK

S$ 0.1428
kr 1
S$ 0.7140
kr 5
S$ 1.4280
kr 10
S$ 2.8560
kr 20
S$ 7.1400
kr 50
S$ 14.28
kr 100
S$ 35.70
kr 250
S$ 71.40
kr 500
S$ 142.80
kr 1,000
S$ 285.60
kr 2,000
S$ 714.00
kr 5,000
S$ 1,428
kr 10,000
S$ 7,140
kr 50,000
S$ 14,280
kr 100,000
More amounts

To calculate specific SGD/SEK amounts use our Convert SGD 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 (SGD & SEK)

SingaporeSingapore (SGD)SwedenSweden (SEK)

SGD and SEK in the Markets

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

Singapore Dollar (SGD)

Singapore was added to a US watchlist of suspected currency manipulators in May. Though that means little right now in terms of economic implications, it created some negative sentiment that spurred a rise in USD/SGD to a 6-month high (SGD low) of S$1.384.

Overall, it’s been a mixed 2019 for the Singapore dollar, with small gains (<2 percent) against the euro and Australian dollar, but small losses against the US dollar and pound.

In May, SGD was pressured by data showing core inflation at a 1-year low, by an escalation in US-China trade tensions, and after Singapore’s Ministry of Trade and Industry downgraded 2019 growth forecasts. At 1.2 percent, quarterly growth in the Lion City has slowed to its lowest level in a decade.

All said, the Monetary Authority of Singapore will, at best, keep monetary policy unchanged when it next meets in October (there's a chance it could turn dovish).

Read more in the article SGD 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 SGD 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.

What is a good SGD to SEK exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the SGD to SEK exchange rate to the present day for periods going back upto 10 years.

PeriodChange*SGD/SEKDate
1 Day-0.2%7.027818 Feb 2020
7 Day+1.1%6.942312 Feb 2020
30 Day-0.7%7.066520 Jan 2020
3 Month-0.6%7.057421 Nov 2019
1 Year+1.9%6.883819 Feb 2019
5 Year+13.8%6.163720 Feb 2015
10 Year+36.8%5.128321 Feb 2010

*For period to 19-Feb 21UTC when SGD/SEK was 7.0155

When is the best time to exchange SGD 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

We help you Save Money on Exchange Rates.

 

View all SGD Exchange Rates