CHF/SEK: what to know
The CHF/SEK rate shows how much SEK you get for 1 CHF. Right now, 1 CHF buys 11.9362 SEK at the mid-market rate. In the other direction, 1 SEK is worth 0.0838 CHF.
In the short term CHF is driven mainly by safe-haven demand and SNB policy, while SEK responds to European growth and euro moves.
The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value. The Swedish Krona (SEK) is issued by Sveriges Riksbank. “Krona” means “crown”.
Over the past 12 months the CHF/SEK rate has ranged between 11.3943 and 12.0436 — a change of -0.53% 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.