SEK vs USD
πΊπΈ1 SEK = 0.10 USD
Rates as of 2026-07-22 Β· Source: European Central Bank
Quick Stats
Historical Comparison
SEK / USD| Period | Then | Now | Change | Trend |
|---|---|---|---|---|
Source: European Central Bank via Frankfurter API
About SEK / USD
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.
πΊπΈ USD β US Dollar
The United States Dollar is the world's primary reserve currency and the most traded currency in the foreign exchange market. It serves as the standard unit of currency in international markets for commodities such as gold and oil.
Key Factors Affecting SEK/USD
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
πΊπΈ USD Drivers
- Federal Reserve interest rate decisions
- US employment and inflation data
- Global risk sentiment and safe-haven demand
- US trade balance and fiscal policy
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 USD
About 60% of all foreign exchange reserves held by central banks worldwide are denominated in US dollars.
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.
πΊπΈ United States
The US has the largest economy in the world by nominal GDP. The Federal Reserve (Fed) manages monetary policy, and its interest rate decisions have a significant impact on the dollar's value globally.