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

In early 2025, the CNY/SEK exchange rate exhibited significant volatility. On January 31, 2025, the rate peaked at 1.5441 SEK per CNY, marking the highest point for the year. Subsequently, the rate declined, reaching a low of 1.4689 SEK per CNY on February 13, 2025. This downward trend continued into March, with the rate further decreasing to 1.3749 SEK per CNY by March 28, 2025. (exchange-rates.org, investing.com)

Economic Factors Influencing the Exchange Rate

Several economic indicators have influenced the CNY/SEK exchange rate:

• Interest Rate Differentials: The People's Bank of China (PBOC) and the Sveriges Riksbank (Swedish central bank) have adopted differing monetary policies. The PBOC's adjustments to interest rates and monetary policy tools aim to manage economic growth and inflation. Conversely, the Riksbank's policies are tailored to Sweden's economic conditions, impacting the attractiveness of the SEK relative to the CNY.

• Trade Balances: China's trade surplus and Sweden's trade dynamics affect currency demand. A higher demand for Chinese exports can strengthen the CNY, while Sweden's trade performance influences SEK valuation.

• Economic Growth: China's GDP growth rates and economic performance indicators play a crucial role in currency valuation. Strong economic growth in China can bolster the CNY, whereas Sweden's economic performance similarly impacts the SEK.

Forecasts and Future Outlook

Analysts have provided varying forecasts for the CNY/SEK exchange rate. Some projections suggest a potential increase, with the rate reaching approximately 1.498 SEK per CNY in the near term, representing a 7.44% rise from the current rate. (exchangerates.org.uk) Other analyses predict a more modest appreciation, estimating the rate to be around 1.425 SEK per CNY within a year. (walletinvestor.com)

Conclusion

The CNY/SEK exchange rate has undergone significant changes in recent months, influenced by various economic factors and monetary policies. While forecasts indicate potential appreciation of the CNY against the SEK, the actual trajectory will depend on future economic developments, central bank policies, and global market conditions.