About EUR/SEK
EUR/SEK is the principal quote for the Swedish krona. Sweden is a small, open, export-heavy economy inside the European Union but outside the euro area, which leaves the krona free to float while remaining closely tied to euro-area conditions. The krona is generally treated as a cyclical currency: it tends to strengthen when European growth and risk appetite improve and weaken when they deteriorate.
What Moves EUR/SEK?
The Riksbank
Sweden’s central bank sets policy independently of the ECB, and the gap between the two paths is a persistent driver of this pair.
Euro-area growth
Swedish exports are heavily oriented towards Europe, so the krona reflects the region’s industrial cycle.
Risk appetite
The krona is among the more cyclical European currencies and typically weakens in risk-off conditions.
Housing and domestic credit
Sweden’s housing market and household debt levels have periodically drawn attention as a domestic risk factor for the currency.
Trading EUR/SEK
Prices on this page come from our own market feed. The chart, the 52-week range and the performance figures are measured from our own daily closes, and any figure our history cannot support is withheld rather than estimated. Nothing here is a recommendation or a forecast β see our methodology for how each figure is produced.