The rate defaults to estimated market averages. You can edit this.
Swedish Krona (SEK)
US Dollar (USD)
Euro (EUR)
British Pound (GBP)
Norwegian Krone (NOK)
Danish Krone (DKK)
Swedish Krona (SEK)
US Dollar (USD)
Euro (EUR)
British Pound (GBP)
Norwegian Krone (NOK)
Danish Krone (DKK)
Conversion Result
0.00 SEK
Rate used: 1 USD = 10.50 SEK
Understanding the Swedish Krona (SEK) Exchange Rate
The Swedish Krona (SEK), often simply referred to as the "crown," is the official currency of Sweden. Unlike its neighbors in the Eurozone, Sweden has maintained its sovereign currency, managed by the Riksbank (the world's oldest central bank). Understanding how to calculate the exchange rate is crucial for travelers, expatriates, and international businesses dealing with Sweden.
How This Calculator Works
This tool allows you to convert between the Swedish Krona and major world currencies like the US Dollar (USD), Euro (EUR), and British Pound (GBP). Since exchange rates fluctuate every second based on the Forex market, this calculator provides an estimated rate that you can manually adjust if you have a specific quote from a bank or money changer.
Amount to Convert: The total sum of money you wish to exchange.
Exchange Rate: The multiplier used to convert one currency to another. For example, if the USD/SEK rate is 10.50, it means 1 US Dollar buys 10.50 Kronor.
Manual Override: Banks often charge a "spread" (a hidden fee built into the rate). If your bank offers a rate different from the market average, type that exact number into the "Exchange Rate" field for accurate results.
Factors Influencing the SEK Rate
The value of the Swedish Krona is known to be sensitive to global economic trends. Several key factors drive its value up or down:
Risk Sentiment: The SEK is often considered a "risk-on" currency. When the global economy is booming, the SEK tends to strengthen. In times of uncertainty, investors often flock to "safe-haven" currencies like the USD or CHF, causing the SEK to weaken.
Riksbank Monetary Policy: Decisions regarding the repo rate (interest rate) made by the Swedish central bank directly impact the currency's attractiveness to investors.
Export Health: As an export-dependent economy (reliant on timber, iron, and engineering), Sweden's currency strength is often linked to the health of its trade partners, particularly the Eurozone.
Tips for Getting the Best Rate
When converting money to or from Swedish Kronor, be aware that airport kiosks and physical exchange bureaus usually offer the worst rates. To maximize your value:
Use a credit card with no foreign transaction fees for daily purchases in Sweden (cash is rarely used in Sweden).
Check the "Mid-Market Rate" (the rate banks use between themselves) to see how much margin your provider is charging.
Avoid "Dynamic Currency Conversion" (paying in your home currency while abroad); always choose to pay in SEK when the card terminal asks.
// Static estimation of rates relative to 1 SEK (Base SEK)
// Note: These are estimation baselines for the functionality of the calculator.
// In a production environment, these should be fetched via API.
var baseRatesToSEK = {
"SEK": 1.0,
"USD": 0.096, // 1 SEK is approx 0.096 USD
"EUR": 0.088, // 1 SEK is approx 0.088 EUR
"GBP": 0.076, // 1 SEK is approx 0.076 GBP
"NOK": 1.04, // 1 SEK is approx 1.04 NOK
"DKK": 0.66 // 1 SEK is approx 0.66 DKK
};
function updateEstimatedRate() {
var from = document.getElementById('currencyFrom').value;
var to = document.getElementById('currencyTo').value;
var rateInput = document.getElementById('exchangeRate');
// Logic: Convert FROM to SEK, then SEK to TO.
// Rate = (1 / baseRatesToSEK[from]) * baseRatesToSEK[to]
var rateFrom = baseRatesToSEK[from];
var rateTo = baseRatesToSEK[to];
if (rateFrom && rateTo) {
// Calculate cross rate
var calculatedRate = (1 / rateFrom) * rateTo;
// If converting SEK to SEK, rate is 1.
// If converting USD to SEK: (1 / 0.096) * 1 = ~10.41
// If converting SEK to USD: (1 / 1) * 0.096 = 0.096
// Fix logic specifically for direct pairs to ensure precision
var finalRate = rateTo / rateFrom;
rateInput.value = finalRate.toFixed(4);
}
}
function calculateConversion() {
var amount = parseFloat(document.getElementById('amountToConvert').value);
var rate = parseFloat(document.getElementById('exchangeRate').value);
var fromCurrency = document.getElementById('currencyFrom').value;
var toCurrency = document.getElementById('currencyTo').value;
var resultBox = document.getElementById('resultDisplay');
var finalDisplay = document.getElementById('finalAmount');
var rateSummary = document.getElementById('rateSummary');
// Validation
if (isNaN(amount) || amount < 0) {
alert("Please enter a valid positive amount.");
return;
}
if (isNaN(rate) || rate <= 0) {
alert("Please enter a valid exchange rate.");
return;
}
// Calculation
var result = amount * rate;
// Formatting
// Helper to format currency
var formatter = new Intl.NumberFormat('sv-SE', {
style: 'currency',
currency: toCurrency,
minimumFractionDigits: 2,
maximumFractionDigits: 2
});
finalDisplay.innerHTML = formatter.format(result);
rateSummary.innerHTML = "Based on rate: 1 " + fromCurrency + " = " + rate + " " + toCurrency;
resultBox.style.display = "block";
}
// Initialize rate on load
window.onload = function() {
updateEstimatedRate();
};