SGD/SEK: what to know
The SGD/SEK rate shows how much SEK you get for 1 SGD. Right now, 1 SGD buys 7.6162 SEK at the mid-market rate. In the other direction, 1 SEK is worth 0.1313 SGD.
In the short term SGD is driven mainly by the MAS-managed currency basket, while SEK responds to European growth and euro moves.
The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par. The Swedish Krona (SEK) is issued by Sveriges Riksbank. “Krona” means “crown”.
Over the past 12 months the SGD/SEK rate has ranged between 6.9622 and 7.6392 — a change of +5.50% 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.