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Understanding the Table:
The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Sending money to Sweden can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Sweden bank accounts or pay a Swedish krona invoice.
British pound (GBP) to Swedish krona (SEK) market data - latest interbank exchange rate, trend, chart & historic rates.
GBP/SEK Outlook: Bearish, as the rate remains below its recent average and is nearing recent lows, influenced by ongoing UK political uncertainty.
GBP/USD Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average but lacks a clear driver.
USD/SEK Outlook: Bearish, as the rate is below its recent average and near recent lows, while under pressure from weak US economic data.
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in Swedish krona across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
*Converted at the current GBP-SEK interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best GBP to SEK exchange rate is 12.09 from OFX . This is -0.49% compared to the mid-market rate 12.15.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to Swedish krona (SEK) rates from different sources before making a conversion.
The above Sterling to Krona comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest GBP-SEK mid-rate and the possible savings of using various providers.
Looking at the full GBP to SEK - Send Money comparison table the provider with the best GBP to SEK exchange rate is OFX at 12.09, -0.49% from the latest mid-market rate 12.15.
The next best is Wise at 12.09, -0.49% from the mid-rate.
Then XE at 12.08, which is -0.58% from the mid-rate.
The Western Union rate is 11.97 which is -1.5% from the mid-rate.
Among the banks the Lloyds Bank rate is 11.54 at -5% the Royal Bank of Scotland rate is 11.62 at -4.4% and the Barclays Bank rate is 11.58 at -4.7% compared to the mid-rate 12.15.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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