About this pair
CNY/SEK: what to know
The CNY/SEK rate shows how much SEK you get for 1 CNY. Right now, 1 CNY buys 1.4382 SEK at the mid-market rate. In the other direction, 1 SEK is worth 0.6953 CNY.
In the short term CNY is driven mainly by PBoC decisions and Chinese growth, while SEK responds to European growth and euro moves.
The Chinese Yuan (CNY) is issued by People’s Bank of China. One yuan = 10 jiao = 100 fen. The Swedish Krona (SEK) is issued by Sveriges Riksbank. “Krona” means “crown”.
Over the past 12 months the CNY/SEK rate has ranged between 1.2701 and 1.4409 — a change of +9.60% 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.