MXN vs SEK
🇸🇪1 MXN = 0.56 SEK
Rates as of 2026-07-22 · Source: European Central Bank
Quick Stats
Historical Comparison
MXN / SEK| Period | Then | Now | Change | Trend |
|---|---|---|---|---|
Source: European Central Bank via Frankfurter API
About MXN / SEK
🇲🇽 MXN — Mexican Peso
The Mexican Peso is the most traded currency in Latin America and among the most traded emerging market currencies globally. It is the eighth most traded currency in the world by daily turnover.
🇸🇪 SEK — 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 MXN/SEK
🇲🇽 MXN Drivers
- Banxico (Bank of Mexico) interest rate decisions
- US-Mexico trade relations and USMCA
- Oil prices and Pemex production data
- Remittance flows from the US to Mexico
🇸🇪 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
💡 Did You Know? — MXN
The Mexican peso was the first currency in the world to use the '$' sign, which was later adopted by the United States dollar.
💡 Did You Know? — SEK
The Riksbank, Sweden's central bank, is the world's oldest central bank, established in 1668.
Economy Overview
🇲🇽 Mexico
Mexico has a large, diversified economy closely linked to the United States through trade and manufacturing. It is a major exporter of vehicles, electronics, and oil.
🇸🇪 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.