Exchange Rate Calculator

The exchange rate between the Chinese Yuan (CNY) and the Swedish Krona (SEK) has experienced notable fluctuations over the past few months. Understanding these movements requires an examination of recent trends, underlying economic factors, and future projections.

Recent Exchange Rate Trends

As of May 3, 2025, the CNY/SEK exchange rate stands at approximately 1.394 SEK per 1 CNY. This represents a decline from earlier in the year. For instance, on January 22, 2025, the rate was 1.5137 SEK per CNY, indicating a depreciation of the Yuan against the Krona over this period.

In the first quarter of 2025, the exchange rate exhibited volatility. On March 7, 2025, the rate was 1.3943 SEK per CNY, down from 1.4419 SEK per CNY on March 3, 2025. This downward trend suggests a strengthening of the Swedish Krona relative to the Chinese Yuan during this timeframe.

Economic Factors Influencing the Exchange Rate

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

1. Monetary Policies: The People's Bank of China (PBOC) and the Sveriges Riksbank (Swedish central bank) have implemented differing monetary policies. The PBOC has maintained a relatively accommodative stance to support economic growth, while the Riksbank has adopted a more hawkish approach to curb inflation. These divergent policies have influenced investor confidence and capital flows, impacting the exchange rate.

2. Economic Performance: China's economy has faced challenges, including a slowdown in manufacturing and export sectors. Conversely, Sweden's economy has shown resilience, with steady growth in key industries. This contrast in economic performance has bolstered the Krona against the Yuan.

3. Trade Balances: Sweden's trade surplus and China's trade dynamics have also played a role. A favorable trade balance in Sweden has increased demand for the Krona, contributing to its appreciation relative to the Yuan.

Future Projections

Looking ahead, forecasts suggest a potential appreciation of the Yuan against the Krona. According to ExchangeRates.org.uk, the CNY/SEK exchange rate is projected to rise to 1.498 within one month, representing a 7.44% increase from the current rate. Further projections indicate the rate could reach 1.543 in four months and 1.552 in ten months, reflecting a continued upward trend.

Similarly, WalletInvestor.com forecasts a gradual increase in the CNY/SEK rate, predicting it to reach 1.425 within a year and 1.551 over a five-year period. These projections suggest a long-term appreciation of the Yuan against the Krona.

Conclusion

The CNY/SEK exchange rate has experienced significant fluctuations in recent months, influenced by divergent monetary policies, economic performance, and trade balances between China and Sweden. While the Yuan has depreciated against the Krona in the short term, forecasts indicate a potential reversal, with the Yuan expected to appreciate in the coming months and years. Investors and businesses engaged in transactions involving these currencies should monitor these trends closely to make informed decisions.