CNY vs SEK
πΈπͺ1 CNY = 1.43 SEK
Rates as of 2026-07-22 Β· Source: European Central Bank
Quick Stats
Historical Comparison
CNY / SEK| Period | Then | Now | Change | Trend |
|---|---|---|---|---|
Source: European Central Bank via Frankfurter API
About CNY / SEK
π¨π³ CNY β Chinese Yuan
The Chinese Yuan (also known as Renminbi) is the official currency of the People's Republic of China. It has been increasingly used in international trade and was added to the IMF's SDR basket in 2016.
πΈπͺ SEK β Swedish Krona
The Swedish Krona is the official currency of Sweden. Despite being an EU member, Sweden has chosen to keep its own currency rather than adopt the Euro.
Key Factors Affecting CNY/SEK
π¨π³ CNY Drivers
- PBoC monetary policy and daily fixing rate
- US-China trade relations and tariffs
- Chinese GDP growth and manufacturing data
- Capital flow controls and internationalization policies
πΈπͺ SEK Drivers
- Riksbank (Swedish central bank) interest rates
- Swedish export performance and trade balance
- EU economic conditions and EUR/SEK dynamics
- Nordic regional economic trends
π‘ Did You Know? β CNY
The word 'yuan' literally means 'round' in Chinese, referring to the round shape of coins used in imperial China.
π‘ Did You Know? β SEK
The Riksbank, Sweden's central bank, is the world's oldest central bank, established in 1668.
Economy Overview
π¨π³ China
China has the second-largest economy in the world and is the largest global exporter. The People's Bank of China (PBoC) manages the yuan through a managed float exchange rate system.
πΈπͺ Sweden
Sweden has a highly developed export-oriented economy, known for innovation, technology companies, and a strong welfare state. Major exports include machinery, vehicles, and telecommunications equipment.