SEK/HKD: what to know
The SEK/HKD rate shows how much HKD you get for 1 SEK. Right now, 1 SEK buys 0.8129 HKD at the mid-market rate. In the other direction, 1 HKD is worth 1.2302 SEK.
In the short term SEK is driven mainly by European growth and euro moves, while HKD responds to its peg to the US dollar.
The Swedish Krona (SEK) is issued by Sveriges Riksbank. “Krona” means “crown”. The Hong Kong Dollar (HKD) is issued by Hong Kong Monetary Authority. Most banknotes are issued by three commercial banks, not a central bank.
Over the past 12 months the SEK/HKD rate has ranged between 0.8034 and 0.8846 — a change of -3.49% 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.