About this pair
JPY/SEK: what to know
The JPY/SEK rate shows how much SEK you get for 1 JPY. Right now, 1 JPY buys 0.0597 SEK at the mid-market rate. In the other direction, 1 SEK is worth 16.7560 JPY.
In the short term JPY is driven mainly by Bank of Japan policy and global risk appetite, while SEK responds to European growth and euro moves.
The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”. The Swedish Krona (SEK) is issued by Sveriges Riksbank. “Krona” means “crown”.
Over the past 12 months the JPY/SEK rate has ranged between 0.0569 and 0.0656 — a change of -9.22% 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.