About this pair
XAU/SEK: what to know
The XAU/SEK rate shows how much SEK you get for 1 XAU. Right now, 1 XAU buys 42,202.28 SEK at the mid-market rate. In the other direction, 1 SEK is worth 0.0000236954 XAU.
In the short term XAU is driven mainly by real interest rates, the dollar and safe-haven demand, while SEK responds to European growth and euro moves.
The code “XAU” combines “X” (supranational) with gold’s chemical symbol Au. The Swedish Krona (SEK) is issued by Sveriges Riksbank. “Krona” means “crown”.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. 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.