SEK/TRY: what to know
The SEK/TRY rate shows how much TRY you get for 1 SEK. Right now, 1 SEK buys 4.9690 TRY at the mid-market rate. In the other direction, 1 TRY is worth 0.2012 SEK.
In the short term SEK is driven mainly by European growth and euro moves, while TRY responds to high inflation and central-bank policy.
The Swedish Krona (SEK) is issued by Sveriges Riksbank. “Krona” means “crown”. The Turkish Lira (TRY) is issued by Central Bank of Türkiye. In 2005 Türkiye removed six zeros: 1,000,000 old lira became 1 new lira.
Over the past 12 months the SEK/TRY rate has ranged between 4.3780 and 5.0893 — a change of +12.72% 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.