About this pair
SEK/NOK: what to know
The SEK/NOK rate shows how much NOK you get for 1 SEK. Right now, 1 SEK buys 0.9575 NOK at the mid-market rate. In the other direction, 1 NOK is worth 1.0444 SEK.
In the short term SEK is driven mainly by European growth and euro moves, while NOK responds to oil and gas prices.
The Swedish Krona (SEK) is issued by Sveriges Riksbank. “Krona” means “crown”. The Norwegian Krone (NOK) is issued by Norges Bank. “Krone” means “crown”.
Over the past 12 months the SEK/NOK rate has ranged between 0.9572 and 1.0975 — a change of -9.62% 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.