SEK/KRW: what to know
The SEK/KRW rate shows how much KRW you get for 1 SEK. Right now, 1 SEK buys 138.3379 KRW at the mid-market rate. In the other direction, 1 KRW is worth 0.00722868 SEK.
In the short term SEK is driven mainly by European growth and euro moves, while KRW responds to tech exports and global risk appetite.
The Swedish Krona (SEK) is issued by Sveriges Riksbank. “Krona” means “crown”. The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”.
Over the past 12 months the SEK/KRW rate has ranged between 139.2757 and 165.0469 — a change of -6.94% 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.