TRY vs SEK
🇸🇪1 TRY = 0.21 SEK
Rates as of 2026-07-22 · Source: European Central Bank
Quick Stats
Historical Comparison
TRY / SEK| Period | Then | Now | Change | Trend |
|---|---|---|---|---|
Source: European Central Bank via Frankfurter API
About TRY / SEK
🇹🇷 TRY — Turkish Lira
The Turkish Lira is the official currency of Turkey. It has experienced significant volatility in recent years, making it a closely watched emerging market currency in global forex markets.
🇸🇪 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 TRY/SEK
🇹🇷 TRY Drivers
- Central Bank of Turkey interest rate decisions
- Turkish inflation rates and economic policy
- Geopolitical developments in the region
- Foreign investment flows and current account balance
🇸🇪 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? — TRY
Turkey redenominated its currency in 2005, removing six zeros — so 1,000,000 old Turkish lira became 1 new Turkish lira.
💡 Did You Know? — SEK
The Riksbank, Sweden's central bank, is the world's oldest central bank, established in 1668.
Economy Overview
🇹🇷 Turkey
Turkey has a large and diversified economy, strategically positioned between Europe and Asia. It is a major manufacturer and exporter of textiles, automotive parts, and agricultural products.
🇸🇪 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.