SEK/CHF: what to know
The SEK/CHF rate shows how much CHF you get for 1 SEK. Right now, 1 SEK buys 0.0848 CHF at the mid-market rate. In the other direction, 1 CHF is worth 11.7968 SEK.
In the short term SEK is driven mainly by European growth and euro moves, while CHF responds to safe-haven demand and SNB policy.
The Swedish Krona (SEK) is issued by Sveriges Riksbank. “Krona” means “crown”. The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value.
Over the past 12 months the SEK/CHF rate has ranged between 0.0830 and 0.0878 — a change of -0.79% 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.