About this pair
SEK/RUB: what to know
The SEK/RUB rate shows how much RUB you get for 1 SEK. Right now, 1 SEK buys 8.6900 RUB at the mid-market rate. In the other direction, 1 RUB is worth 0.1151 SEK.
In the short term SEK is driven mainly by European growth and euro moves, while RUB responds to oil and gas prices and sanctions.
The Swedish Krona (SEK) is issued by Sveriges Riksbank. “Krona” means “crown”. The Russian Ruble (RUB) is issued by Bank of Russia. The ruble is one of Europe’s oldest currencies, used since the 13th century.
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.