About this pair
SEK/JPY: what to know
The SEK/JPY rate shows how much JPY you get for 1 SEK. Right now, 1 SEK buys 16.7761 JPY at the mid-market rate. In the other direction, 1 JPY is worth 0.0596 SEK.
In the short term SEK is driven mainly by European growth and euro moves, while JPY responds to Bank of Japan policy and global risk appetite.
The Swedish Krona (SEK) is issued by Sveriges Riksbank. “Krona” means “crown”. The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”.
Over the past 12 months the SEK/JPY rate has ranged between 15.2421 and 17.5688 — a change of +9.53% 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.