The live mid-rate USD to SEK exchange rate is 11.17. Compare currency conversion rates - Reduce FX costs.
The best USD to SEK exchange rate is our partner deal rate of 11.11 from OFX . This is -0.54% compared to the mid-market rate 11.17.
The standard OFX USD-SEK rate is 10.9098, -2.3% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Swedish krona (SEK) rates from different sources before making a conversion.
Looking at our comparison table the best USD to SEK exchange rate is 11.11 from OFX, -0.54% from the mid-market rate 11.17. The next best rate is 11.1 from XE, -0.63% from the mid-rate. Wise with 11.1 is -0.63% from the mid-rate.
The Western Union rate is 11.06 which is -0.98% from the mid-rate.
Among the banks, the Citibank rate is 10.74 at -3.8%, the Chase Bank rate is 10.3 at -7.8%, and the Wells Fargo Bank rate is 10.23 at -8.4% from the mid-rate.
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.
The Dollar to Krona comparison table above 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 USD-SEK mid-rate (see Market Data below ) and the possible savings of using various providers.
US dollar (USD) to Swedish krona (SEK) market data - latest interbank exchange rate, trend, chart & historic rates.
Date | USD/SEK | Change | Period |
---|---|---|---|
01 Jan 2025 | 11.08 | 0.9% ▲ | 2 Week |
17 Oct 2024 | 10.55 | 6% ▲ | 3 Month |
16 Jan 2024 | 10.44 | 7.1% ▲ | 1 Year |
17 Jan 2020 | 9.5202 | 17.4% ▲ | 5 Year |
18 Jan 2015 | 8.0948 | 38.1% ▲ | 10 Year |
20 Jan 2005 | 6.9727 | 60.3% ▲ | 20 Year |
Here are some popular conversion amounts for USD to SEK (US dollar to Swedish krona)*.
*Converted at the current USDSEK interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The USD to SEK exchange rate recently displayed a bullish trend, with the USD trading at 11.18, approximately 2.4% above its three-month average of 10.92. Analysts indicate that the greenback has been bolstered by a combination of domestic factors and international market dynamics, particularly following Donald Trump's election and anticipated pro-business policies. Trump's proposed tax cuts and tariffs on imports have not only stirred expectations of sustained inflation but have also led to an increase in Treasury yields, further strengthening expectations for future rate hikes by the Federal Reserve. The market sentiment currently reflects a cautious optimism, with FX analysts noting that Trump's administration may create both volatility and opportunities in the currency markets, creating favorable conditions for the USD.
Read our full review of recent USD to SEK forecasts.
There are several ways to save on exchange rates when converting US dollar to Swedish krona:
Generally speaking, if you are buying Swedish krona with US dollar, then it's better for the USD/SEK exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.
Read our Currency guide to Sweden - a practical currency and money guide to travel, living and doing business in Sweden with the Swedish krona.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
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 personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
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Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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