SEK vs JPY
π―π΅1 SEK = 17 JPY
Rates as of 2026-07-22 Β· Source: European Central Bank
Quick Stats
Historical Comparison
SEK / JPY| Period | Then | Now | Change | Trend |
|---|---|---|---|---|
Source: European Central Bank via Frankfurter API
About SEK / JPY
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.
π―π΅ JPY β Japanese Yen
The Japanese Yen is the third most traded currency in the forex market and is widely used as a reserve currency. It is known as a safe-haven currency that investors flock to during times of global uncertainty.
Key Factors Affecting SEK/JPY
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―π΅ JPY Drivers
- Bank of Japan monetary policy and yield curve control
- Japan's trade surplus and export data
- Global risk appetite and safe-haven flows
- USD/JPY carry trade dynamics
π‘ Did You Know? β SEK
The Riksbank, Sweden's central bank, is the world's oldest central bank, established in 1668.
π‘ Did You Know? β JPY
The yen has no subdivisions in circulation β unlike most currencies, there are no cents or pence equivalent.
Economy Overview
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.
π―π΅ Japan
Japan has the third-largest economy in the world and is a major exporter of automobiles, electronics, and technology. The Bank of Japan (BoJ) has maintained ultra-low interest rates for decades.