USD/SEK drops 7% below 3mth avg to 9.77 amid US-China trade tensions. Analysts warn of further weakness if CPI data supports May Fed rate cut. Riksbank also eyeing possible easing - creating volatile outlook for the pair
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USD to SEK Market Data
US dollar (USD) to Swedish krona (SEK) market data - latest interbank exchange rate, trend, chart & historic rates.
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9.7582We compare provider deals to this wholesale mid-market rate. Read more
SEK▲+0.1% since yesterday
USD to SEK at 9.7721 is 7.0% below its 3-month average of 10.51, having traded in a very volatile 15.5% range from 9.7634 to 11.28
|Tracker
| Date | USD/SEK | Change | Period |
|---|---|---|---|
02 Apr 2025 | 9.8552 | 0.1% ▼ | 2 Week |
16 Jan 2025 | 11.15 | 11.7% ▼ | 3 Month |
16 Apr 2024 | 10.95 | 10.1% ▼ | 1 Year |
17 Apr 2020 | 9.9809 | 1.4% ▼ | 5 Year |
19 Apr 2015 | 8.6424 | 13.9% ▲ | 10 Year |
21 Apr 2005 | 7.0277 | 40% ▲ | 20 Year |
What are equivalent amounts of USD and SEK?
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.
Forecasts for USD to SEK
The latest forecasts and market updates suggest a challenging outlook for the USD to SEK exchange rate, with significant pressure on the US dollar stemming from recent geopolitical tensions and economic signals. Analysts note that the USD has faced fresh selling pressure due to escalating trade disputes between the US and China, which has heightened recession fears among investors. With the dollar recently trading at 9.7721 SEK, it is notably 7.0% below its three-month average of 10.51, reflecting the volatility in the market where it has fluctuated within a substantial 15.5% range.
Read our full review of recent USD to SEK forecasts.
How to get a good USD to SEK exchange rate
There are several ways to save on exchange rates when converting US dollar to Swedish krona:
- Shop around for the best USD/SEK exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
- Timing is important: Keep an eye on the USD/SEK rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
- Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
- Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both USD and SEK at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
- Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.
The key is reducing excessive costs and fees
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 in Sweden plus living and doing business 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.
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 personalised Rate Tracker to track and benefit from currency movements.
Track Rate
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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Related exchange rates
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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