RUB/SEK: what to know
The RUB/SEK rate shows how much SEK you get for 1 RUB. Right now, 1 RUB buys 0.1151 SEK at the mid-market rate. In the other direction, 1 SEK is worth 8.6848 RUB.
In the short term RUB is driven mainly by oil and gas prices and sanctions, while SEK responds to European growth and euro moves.
The Russian Ruble (RUB) is issued by Bank of Russia. The ruble is one of Europe’s oldest currencies, used since the 13th century. The Swedish Krona (SEK) is issued by Sveriges Riksbank. “Krona” means “crown”.
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.