AUD/SEK: what to know
The AUD/SEK rate shows how much SEK you get for 1 AUD. Right now, 1 AUD buys 6.9635 SEK at the mid-market rate. In the other direction, 1 SEK is worth 0.1436 AUD.
In the short term AUD is driven mainly by commodity prices and Chinese demand, while SEK responds to European growth and euro moves.
The Australian Dollar (AUD) is issued by Reserve Bank of Australia. Australia pioneered polymer banknotes in 1988 — more durable and harder to counterfeit. The Swedish Krona (SEK) is issued by Sveriges Riksbank. “Krona” means “crown”.
Over the past 12 months the AUD/SEK rate has ranged between 6.1047 and 6.9327 — a change of +12.19% versus a year ago.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.