Exchange Rate Calculator

The exchange rate between the Australian Dollar (AUD) and the Swedish Krona (SEK) has experienced notable fluctuations over the past several months. Understanding these movements requires an examination of historical data, economic indicators, and external factors influencing both currencies.

Recent Exchange Rate Trends

Between September 2024 and March 2025, the AUD/SEK exchange rate exhibited significant volatility. The highest recorded rate during this period was 7.2041 SEK per AUD on November 21, 2024, while the lowest was 6.3041 SEK per AUD on March 11, 2025. This represents a depreciation of approximately 12.5% from the peak to the trough. (exchangerates.org.uk)

In the six months leading up to March 17, 2025, the exchange rate declined by 6.43%, indicating a strengthening of the SEK relative to the AUD. (exchange-rates.org)

Factors Influencing the Exchange Rate

Several factors have contributed to the observed fluctuations in the AUD/SEK exchange rate:

• Economic Indicators: Differences in GDP growth, inflation rates, and employment figures between Australia and Sweden can impact their respective currencies.

• Interest Rates: Decisions by the Reserve Bank of Australia (RBA) and the Sveriges Riksbank regarding interest rates influence investor confidence and capital flows, affecting the exchange rate.

• Commodity Prices: Australia's economy is heavily reliant on commodity exports. Fluctuations in global commodity prices can impact the AUD's value.

• Global Economic Events: Trade agreements, geopolitical tensions, and global economic conditions can influence currency values.

Implications for Stakeholders

The depreciation of the AUD against the SEK has several implications:

• Importers and Exporters: Australian exporters to Sweden may find their goods more competitively priced, potentially boosting demand. Conversely, Swedish exporters to Australia might face higher costs, potentially reducing competitiveness.

• Investors: Currency fluctuations can impact returns on investments denominated in foreign currencies. Investors should consider exchange rate trends when making investment decisions.

• Travelers: Australians traveling to Sweden may find their purchasing power reduced due to the weaker AUD, while Swedish travelers to Australia may benefit from a stronger SEK.

Conclusion

The AUD/SEK exchange rate has experienced notable fluctuations over the past several months, influenced by a combination of economic indicators, interest rate decisions, commodity prices, and global economic events. Stakeholders should remain vigilant and consider these factors when making financial decisions involving these currencies.