TRY/SEK: what to know
The TRY/SEK rate shows how much SEK you get for 1 TRY. Right now, 1 TRY buys 0.2012 SEK at the mid-market rate. In the other direction, 1 SEK is worth 4.9690 TRY.
In the short term TRY is driven mainly by high inflation and central-bank policy, while SEK responds to European growth and euro moves.
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. The Swedish Krona (SEK) is issued by Sveriges Riksbank. “Krona” means “crown”.
Over the past 12 months the TRY/SEK rate has ranged between 0.1965 and 0.2284 — a change of -11.29% 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.