SEK/SGD: what to know
The SEK/SGD rate shows how much SGD you get for 1 SEK. Right now, 1 SEK buys 0.1313 SGD at the mid-market rate. In the other direction, 1 SGD is worth 7.6162 SEK.
In the short term SEK is driven mainly by European growth and euro moves, while SGD responds to the MAS-managed currency basket.
The Swedish Krona (SEK) is issued by Sveriges Riksbank. “Krona” means “crown”. The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par.
Over the past 12 months the SEK/SGD rate has ranged between 0.1309 and 0.1436 — a change of -5.21% 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.