KRW/SEK: what to know
The KRW/SEK rate shows how much SEK you get for 1 KRW. Right now, 1 KRW buys 0.00721433 SEK at the mid-market rate. In the other direction, 1 SEK is worth 138.6130 KRW.
In the short term KRW is driven mainly by tech exports and global risk appetite, while SEK responds to European growth and euro moves.
The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”. The Swedish Krona (SEK) is issued by Sveriges Riksbank. “Krona” means “crown”.
Over the past 12 months the KRW/SEK rate has ranged between 0.00605889 and 0.00718001 — a change of +7.46% 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.