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USD to SEK - Best Rates Guide

We review US Dollar to Swedish Krona latest & historic FX rates along with recent USD/SEK Trend and Alerts.

 

Latest wholesale rate

1 USD = 8.5381 SEK
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US Dollar to Swedish Krona
- Trend & Alerts

USDSEK at 8.5428 is 2.6% below its 90-DAY average, range 8.4946-9.1387.
|
1-DAY0.5% 90-DAY-LOW
 
USD to SEK chart

View My Alerts

     

Comparing USD to 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 (aka interbank mid-rate) plus any 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. Also the total cost will also vary depending on the total amount being exchanged.

 
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US Dollar to Swedish Krona - Quick Conversions

USD SEK
U$ 1 kr 8.5381
U$ 5 kr 42.69
U$ 10 kr 85.38
U$ 20 kr 170.76
U$ 50 kr 426.91
U$ 100 kr 853.81
U$ 250 kr 2,135
U$ 500 kr 4,269
U$ 1,000 kr 8,538
U$ 2,000 kr 17,076
U$ 5,000 kr 42,691
U$ 10,000 kr 85,381
U$ 50,000 kr 426,905
U$ 100,000 kr 853,810
More amounts
USD SEK
U$ 0.1171 kr 1
U$ 0.5855 kr 5
U$ 1.1710 kr 10
U$ 2.3420 kr 20
U$ 5.8550 kr 50
U$ 11.71 kr 100
U$ 29.28 kr 250
U$ 58.55 kr 500
U$ 117.10 kr 1,000
U$ 234.20 kr 2,000
U$ 585.50 kr 5,000
U$ 1,171 kr 10,000
U$ 5,855 kr 50,000
U$ 11,710 kr 100,000
More amounts

Calculate other USD/SEK amounts (from or to) at mid-market with our USD to SEK Calculator .

 

US Dollar and Swedish Krona - Market 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)

The US dollar has dropped steadily for the last 3 months against nearly all major currencies. In late November the US Dollar has fallen to a two and a half year low with the US Dollar Index hitting its lowest value since April 2018.

Get more details in the article US Dollar 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.

   

Country Guides - Swedish Krona

 
SwedenSweden (SEK)
     

How to get Best 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.

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 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.

USD/SEKChangePeriod
8.6285
23 Nov 2020
0.6% ▼1 Week
8.8469
31 Oct 2020
3.1% ▼30 Days
8.6782
01 Sep 2020
1.2% ▼90 Days
9.5733
01 Dec 2019
10.4% ▼1 Year
8.6832
02 Dec 2015
1.2% ▼5 Years
6.8530
03 Dec 2010
25.1% ▲10 Years

USD/SEK 10 year historic rates & change to 30-Nov-2020 : 8.5758

 
   

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.

 

View My Alerts

 

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.