Interbank mid-market rate We compare bank & FX provider rates to this wholesale mid-market rate. Read more
Comparing USD/SEK Exchange Rates
You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale USD/SEK rate ( interbank mid-rate) plus fixed or percentage fees.
These margins and fees can vary significantly for USD to SEK International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Note the total cost will also vary on the currencies and total amount being exchanged.
We can help you get an even better deal when sending a Large International Money Transfer.
Click below for the Request Quotes form and enter your transfer details (BER account required).
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US dollar to Swedish krona - Quick Convert
|$ 1||kr 8.4353|
|$ 5||kr 42.18|
|$ 10||kr 84.35|
|$ 20||kr 168.71|
|$ 50||kr 421.77|
|$ 100||kr 843.53|
|$ 250||kr 2,109|
|$ 500||kr 4,218|
|$ 1,000||kr 8,435|
|$ 2,000||kr 16,871|
|$ 5,000||kr 42,177|
|$ 10,000||kr 84,353|
|$ 50,000||kr 421,765|
|$ 100,000||kr 843,530|
Calculate other USD/SEK amounts (from or to) at mid-market with our USD to SEK Calculator .
US dollar and Swedish krona News
When determining the best time to make a foreign exchange transaction, in this case the USD vs SEK, you should pay attention to the recent market trends for both currencies.
US dollar (USD)
Rabobank told Bloomberg News that they see the US Dollar strengthening against many currencies this year as inflation picks up maybe leading to higher interest rates in the US, the so called ‘reflation’ trade. USD Markets
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.
Country Guides - Swedish krona
How to get Good USD to SEK Exchange Rates
There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.
Reduce Excessive costs and fees
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.
What is a good USD to SEK exchange rate?
This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the US dollar vs Swedish krona current value is to look the USD/SEK historic rate and change over a range of periods.
The following table looks at the change in the USD to SEK exchange rate over periods from the previous week back to the last 10 years.
09 Apr 2021
|1.2% ▼||1 Week|
17 Mar 2021
|0.1% ▼||30 Days|
16 Jan 2021
|0.5% ▲||90 Days|
16 Apr 2020
|15.7% ▼||1 Year|
17 Apr 2016
|3.6% ▲||5 Years|
19 Apr 2011
|35.3% ▲||10 Years|
USD/SEK 10 year historic rates & change to 16-Apr-2021 : 8.4357
Will the US dollar rise against the Swedish krona?
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add USD/SEK to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.
Rather than requiring you to set a target rate, our FX Alerts work differently.
Once you add a currency pair for tracking in your watchlist we will automatically check the exchange rate for any UP▲ or DOWN▼ move over a range of periods over the recent 90 days.