1 SEK to USD - Convert Swedish Krona to US Dollar

Looking at the 30-day window, the SEK/USD pair traded in a range of 0.104200 to 0.111600. The monthly average was 0.107460 with 1.71% volatility. The relatively low volatility indicates stable trading conditions for the SEK/USD currency pair.

The current mid-market exchange rate is 1 SEK = 0.106436 USD, updated as of June 4, 2026, 2:03 AM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Swedish Krona to US Dollar Exchange Rate

SEK/USD shows how many dollars one Swedish krona can buy. Sweden is one of the world's most innovative economies, home to companies like Spotify, IKEA, Ericsson, H&M, and Volvo that earn significant dollar revenue from the American market. For Swedish multinationals, the SEK/USD rate directly determines the krona value of their US earnings when repatriated.

Silicon Scandinavia

Stockholm produces more billion-dollar tech companies per capita than any city outside Silicon Valley. Spotify went public on the NYSE. Klarna has millions of US users. King's Candy Crush generates hundreds of millions in US app store revenue. Mojang's Minecraft was acquired by Microsoft for $2.5 billion. These success stories create enormous SEK/USD flows as revenue, acquisition proceeds, and investment returns cross the Atlantic. Swedish pension funds, among the world's largest relative to GDP, hold substantial US equity positions through entities like AP7 and the national pension funds. Their portfolio rebalancing and dividend repatriation create regular SEK/USD conversion demand. On the import side, Swedes are enthusiastic consumers of American tech products, streaming services, and fashion brands, sending dollars the other way. This two-directional flow gives SEK/USD genuine economic depth despite Sweden's relatively small population of just 10 million people.

What Drives the SEK/USD Rate

Riksbank and Fed interest rate decisions, Swedish inflation and GDP data, US economic conditions, global risk appetite, and the EUR/USD rate (the krona broadly correlates with the euro) are the primary drivers. The krona has been weak in recent years partly due to Swedish pension fund outflows that structurally pressure the currency, similar to Norway's sovereign fund dynamic but on a smaller scale.

What a Conversion Really Costs

Banks charge 1.5-3%. Online services offer 0.5-1.2%. Sweden is virtually cashless, so physical dollar exchange is rarely needed. For Swedish tech companies receiving US revenue, multi-currency treasury accounts with competitive forex rates are standard practice. For individuals, fintech apps popular in Sweden provide near-interbank conversion rates for personal transfers.

How to Get the Best SEK to USD Rate

Compare the mid-market rate on this page with your provider. For tech companies, treasury management platforms offer the best rates on regular large conversions. For individuals, fintech apps are cheapest. Since Sweden is cashless, physical currency exchange is a non-issue. Focus on digital transfer costs and timing around Riksbank announcements. Swedish companies can also benefit from natural hedging by maintaining dollar revenue accounts and drawing from them for dollar-denominated expenses before converting the remainder to kronor.