XPD/SEK: what to know
The XPD/SEK rate shows how much SEK you get for 1 XPD. Right now, 1 XPD buys 12,642.91 SEK at the mid-market rate. In the other direction, 1 SEK is worth 0.0000790957 XPD.
In the short term XPD is driven mainly by auto demand and tight supply, while SEK responds to European growth and euro moves.
Palladium is used mainly in petrol-engine catalytic converters. 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.